Smith, Craig M.; Peterson, Jeffrey M.; Leatherman, John C. - Agricultural and Applied Economics Association - AAEA - 2010
the ways that various market imperfections may impact the performance of a WQT market, an agent-based model was … of the simulation modeling technique and then analyzes the effects of two prominent market impediments identified in the … of different information levels on market performance. Market performance is measured in terms of cost savings, the …