Woodward, Richard T.; Wui, Yong-Suhk; Griffin, Wade L. - In: American Journal of Agricultural Economics 87 (2005) 1, pp. 48-60
Facilitated by remarkable increases in computational speed, simulation models are becoming more and more complex and are being increasingly used in applied economic analysis. However, computational limitations remain a major barrier to the study of dynamically optimal policies. We study the...
