A stochastic recursive interactive programming model for farm firm policy analysis

abstract

• A first-generation, farm level recursive interactive programming model for analyzing the impacts of commodity farm programs on typical farms (FLIPRIP) is described and demonstrated. FLIPRIP uses a specialized linear programming algorithm (XMP) and the farm managementpolicy components of FLIPSIM. A Texas cotton farm is analyzed using stochastic crop prices and yields under two farm policy options to demonstrate the type of policy data generated by FLIPRIP. 1969.

authors

• Richardson, James

published proceedings

• Computers & Operations Research

author list (cited authors)

• Baum, K., Richardson, J., & Schertz, L.

citation count

• 1

complete list of authors

• Baum, Kenneth||Richardson, James||Schertz, Lyle

publication date

• January 1984

publisher

• Elsevier  Publisher

published in

• Computers & Operations Research  Journal

Digital Object Identifier (DOI)

• 10.1016/0305-0548(69)90010-0

start page

• 199

end page

• 222

volume

• 11

issue

• 2

URL

• http://dx.doi.org/10.1016/0305-0548(69)90010-0