A stochastic recursive interactive programming model for farm firm policy analysis Academic Article uri icon

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.

author list (cited authors)

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

citation count

  • 1

publication date

  • January 1984