Recursive Models and Stabilization Policies: Some Problems and Techniques in Evaluation

The study of stabilization programs, such as a deficiency payments scheme, is made difficult when expectations of a payment are involved. An approach to modelling a minimum guaranteed price which is announced forward in time is outlined. Some useful measures for evaluating programs follow from the analysis.


Issue Date:
1975-08
Publication Type:
Conference Paper/ Presentation
DOI and Other Identifiers:
Record Identifier:
https://ageconsearch.umn.edu/record/284104
Language:
English
Total Pages:
22




 Record created 2019-02-25, last modified 2020-10-28

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