IDEAS home Printed from https://ideas.repec.org/a/oup/ajagec/v60y1978i3p476-490..html
   My bibliography  Save this article

Active Learning, Control Theory, and Agricultural Policy

Author

Listed:
  • Gordon C. Rausser

Abstract

In the evaluation of key agricultural policies, a number of critical uncertainties arise for which little in the way of empirical evidence has been accumulated. The typical departmentalization within the agricultural economics profession fails to offer any hope of properly assessing these uncertainties. One approach that integrates the separate tasks of system analysis, econometric estimation, optimization and more pragmatic data collection and summarization efforts is adaptive control. This framework effectively combines the characteristics of dynamic systems, uncertainties, and the active accumulation of information. Implications are drawn for potentially rewarding applications in agricultural and natural resource economics.

Suggested Citation

  • Gordon C. Rausser, 1978. "Active Learning, Control Theory, and Agricultural Policy," American Journal of Agricultural Economics, Agricultural and Applied Economics Association, vol. 60(3), pages 476-490.
    • Handle: RePEc:oup:ajagec:v:60:y:1978:i:3:p:476-490.
    as

    Download full text from publisher

    File URL: http://hdl.handle.net/10.2307/1239945
    Download Restriction: Access to full text is restricted to subscribers.
    ---><---

    As the access to this document is restricted, you may want to look for a different version below or search for a different version of it.

    Other versions of this item:

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Reichelderfer, Katherine H., 1986. "Risk in Government Program Decisionmaking: The Case of the Conservation Reserve," Regional Research Projects > 1986: S-180 Annual Meeting, March 23-26, 1986, Tampa, Florida 272008, Regional Research Projects > S-180: An Economic Analysis of Risk Management Strategies for Agricultural Production Firms.
    2. Dhungana, Basanta R. & Nuthall, Peter L. & Nartea, Gilbert V., 2000. "Explaining Economic Inefficiency Of Nepalese Rice Farms: An Empirical Investigation," 2000 Conference (44th), January 23-25, 2000, Sydney, Australia 123630, Australian Agricultural and Resource Economics Society.
    3. Arzac, Enrique R., 1979. "An Econometric Evaluation Of Stabilization Policies For The U.S. Grain Market," Western Journal of Agricultural Economics, Western Agricultural Economics Association, vol. 4(1), pages 1-14, July.
    4. Bentley, Ernest & Shumway, C. Richard, 1981. "Adaptive Planning Over the Cattle Price Cycle," Journal of Agricultural and Applied Economics, Cambridge University Press, vol. 13(1), pages 139-148, July.
    5. Batabyal, Amitrajeet A., 1995. "Leading issues in domestic environmental regulation: A review essay," Ecological Economics, Elsevier, vol. 12(1), pages 23-39, January.
    6. Zavaleta, Luis R. & Lacewell, Ronald D. & Taylor, C. Robert, 1979. "Expected Benefits Derived From The Use Of More Sophisticated Irrigation Technologies," 1979 Annual Meeting, July 29-August 1, Pullman, Washington 278187, American Agricultural Economics Association (New Name 2008: Agricultural and Applied Economics Association).
    7. Gillespie, Jeffrey & Schupp, Alvin & Taylor, Gary, 1997. "Factors Affecting Production Efficiency in a New Alternative Enterprise: The Case of the Ratite Industry," Journal of Agricultural and Applied Economics, Cambridge University Press, vol. 29(2), pages 409-418, December.
    8. Wossink, Ada & Denaux, Zulal S., 2006. "Environmental and cost efficiency of pesticide use in transgenic and conventional cotton production," Agricultural Systems, Elsevier, vol. 90(1-3), pages 312-328, October.
    9. Barry, Peter J., 1985. "A Dynamic Model Of The Debt-Equity Structure Of A Proprietory Firm: Discussion," Regional Research Projects > 1985: S-180 Annual Meeting, March 24-27, 1985, Charleston, South Carolina 271802, Regional Research Projects > S-180: An Economic Analysis of Risk Management Strategies for Agricultural Production Firms.

    More about this item

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:oup:ajagec:v:60:y:1978:i:3:p:476-490.. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Oxford University Press (email available below). General contact details of provider: https://edirc.repec.org/data/aaeaaea.html .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.