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Land acquisition and ownership is an important part of modern agriculture in North America. Given the unique nature of farmland as a good, this paper develops a multi-agent simulation of farmland auction markets in a Canadian context. The model is used to generate data on land transactions...
Persistent link: https://www.econbiz.de/10010942697
This paper describes the process and results of validating a simulation model of agriculture for a region in New Zealand. Validation is treated as a process, in which simulation models are made useful for specific purposes by making them conform to observed historical trends and relationships....
Persistent link: https://www.econbiz.de/10011158423