DeVuyst, Eric A.; Koo, Won W.; DeVuyst, Cheryl Sinn; … - Department of Agribusiness and Applied Economics, North … - 2001
Planned introductions of genetically modified crop varieties can be troublesome to model. Estimation of demand and supply equations is not feasible due to lack of data. Further, specifying demand and supply equations requires calibration to a presumed equilibrium. Depending on the point chosen,...
