The Physical Externality Model is used to illustrate the potential limitations of blindly adopting formal models for …, the model’s predictions are not met. The status quo is however fully explained by the implications of having adopted …

eastern states, and which is based on the principle of minimal regulation. Mathematical models are developed for each water …

markets, have relied on short-run models which assume irrigation capital is either fixed or not a constraint on decision …

. Various analytical models have been developed around the world to help the track design engineer better understand the … consequences of variations and innovations in track design. The creators of six recently developed models from Canada, China …, outputs and applicability of those models. Although detailed instructions were given to the benchmark participants, variations …

incremental information relative to Iowa. Simple combinations of these models and outlook forecasts are able to reduce forecast …

-households facing different scenarios, with a particular focus on the effects ofthe 2003 CAP reform. Models were built for individual … of cases. The models offer useful insights aboutthe mechanisms of adaptation and their implications for the effects of …