Contents: Background of Papers, by George C. Davis Econometric Methodologies for the Model Selection Problem: An Introduction, by William G. Tomek The Model Specification Problem from a Probabilistic Reduction Perspective, by Aris Spanos and Anya McGuirk Bayesian Specification Analysis in...

An optimization model is used to evaluate the economics of various components of a large agribusiness. The benefits of using interger programming are contrasted to traditional linear programming analysis in conjunction with outside-the-model budgeting analysis.