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dc.contributor.authorDoole, Graeme J.
dc.contributor.authorPannell, David J.
dc.date.accessioned2013-02-11T01:50:09Z
dc.date.available2013-02-11T01:50:09Z
dc.date.copyright2013-01-11
dc.date.issued2013
dc.identifier.citationDoole, G. J., & Pannell, D. J. (2013). A process for the development and application of simulation models in applied economics. Australian Journal of Agricultural and Resource Economics, 57(1), 79-103.en_NZ
dc.identifier.issn1364-985x
dc.identifier.urihttps://hdl.handle.net/10289/7169
dc.description.abstractSimulation models are widely used in applied economics to improve understanding of how a system could behave under different conditions. However, the potential degree to which such models can influence decision making depends on their ability to provide an adequate description of the important elements of a given problem. A systematic and robust procedure for the development and application of such models in agricultural, ecological, environmental and natural resource economics is presented. This process is based on the authors' experience across a broad range of model types and applications and extensive literature review. The practical impact of simulation models is argued to be greater where stakeholders and technical experts are consulted extensively throughout the modelling process.en_NZ
dc.language.isoen
dc.publisherBlackwell Publishingen_NZ
dc.relation.ispartofAustralian Journal of Agricultural and Resource Economics
dc.subjectmodellingen_NZ
dc.subjectSensitivity analysisen_NZ
dc.subjectstakeholdersen_NZ
dc.subjectvalidationen_NZ
dc.titleA process for the development and application of simulation models in applied economicsen_NZ
dc.typeJournal Articleen_NZ
dc.identifier.doi10.1111/j.1467-8489.2012.00607.xen_NZ
dc.relation.isPartOfThe Australian Journal of Agricultural and Resource Economicsen_NZ
pubs.begin-page79en_NZ
pubs.elements-id38639
pubs.end-page103en_NZ
pubs.issue1en_NZ
pubs.volume57en_NZ


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