VALUE OF PREDICTORS OF UNCONTROLLED FACTORS IN RESPONSE FUNCTIONS

被引：18

作者：

BYERLEE, DR ^{[1
]}

ANDERSON, JR ^{[1
]}

机构：

[1] UNIV NEW ENGLAND,ARMIDALE,AUSTRALIA

来源：

AUSTRALIAN JOURNAL OF AGRICULTURAL ECONOMICS | 1969年 / 13卷 / 02期

关键词：

D O I：

10.1111/j.1467-8489.1969.tb00060.x

中图分类号：

F3 [农业经济];

学科分类号：

0202 ; 020205 ; 1203 ;

摘要：

A method is developed for assessing the monetary value of additional information in the framework of a response process which involves interaction between controlled and uncontrolled factors. The method is illustrated through an analysis of the value of a rainfall predictor in determining optimal applications of nitrogen to wheat in an environment with variable rainfall. The analysis defines the conditions under which the predictor is most valuable and suggests types of predictors which may be of greater value. 1969 The Australian Agricultural Economics Society

引用

页码：118 / 127

页数：10

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[2]

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[3]

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[4]

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[9]

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[10]

SCHLAIFER R, 1969, ANALYSIS DECISIONS U

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