@article{Marquis:279419,
      recid = {279419},
      author = {Marquis, Duane L. and Ray, Daryll E.},
      title = {USE OF STOCHASTIC SIMULATION TO VALUE IMPROVED CROP  FORECAST INFORMATION},
      address = {1981-07},
      number = {2137-2018-7391},
      pages = {13},
      year = {1981},
      abstract = {Consumer and producer surplus is used with The National  Agricultural Policy Simulator (POLYSIM) to estimate the  value of improved crop forecast information. For the three  supply-demand scenarios evaluated-excess, tight and  fluctuating--the net domestic value of improved information  is positive ($512 and $73 million) for the latter two  situations.},
      url = {http://ageconsearch.umn.edu/record/279419},
      doi = {https://doi.org/10.22004/ag.econ.279419},
}