Application of Game Theory Models to Decisions on Farm Practices and Resource Use, December 1960

(1960) Application of Game Theory Models to Decisions on Farm Practices and Resource Use, December 1960. Iowa State University

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Abstract

This study has demonstrated that application of several decision models to agricultural problems can result in recommendations suited to a wide range of farmer situations. The models are mechanically easy to apply and are relatively easy to understand. The study also demonstrated that data representing the influence of many possible levels of uncontrollable and unpredictable natural variables are needed for application of relevant models for decision-making under uncertainty.

Item Type: Departmental Report
Keywords: game theory, agriculture, farm practices
Subjects: Agriculture and food production
Agriculture and food production > Agricultural finance
Agriculture and food production > Farmlands
ID Code: 48291
Deposited By: Margaret Barr
Deposited On: 22 Mar 2024 20:02
Last Modified: 22 Mar 2024 20:02
URI: https://publications.iowa.gov/id/eprint/48291