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University of Illinois at Urbana-Champaign
Dynamic Programming Model of the Corn Production Decision Process With Stochastic Climate Forecasts (Information, Illinois)
Abstract
dc:descriptionThis study addresses two major issues which have surfaced recently in the Agricultural Economics literature: (1) the need to model crop production in a dynamic framework, and (2) the need for a better understanding of the economics of information. To address these issues a stochastic dynamic programming model of a single year's corn production process in east-central Illinois is developed. Improvements in information which are valued by the model are various climate forecast designs.
Degree
thesis:*- Name thesis:degree_name
- Ph.D.
- Level thesis:degree_level
- Dissertation
- Discipline thesis:degree_discipline
- Agricultural Economics
- Grantor
- University of Illinois at Urbana-Champaign
- Year dc:date
- 2014
Author and committee
dc:creator, dc:contributor.*- Author dc:creator
-
- Mjelde, James William
Subjects
dc:subject × 1Identifiers
dc:identifier.*- Identifier
- (UMI)AAI8600269
- OAI identifier oai:identifier
- oai:www.ideals.illinois.edu:2142/69866