MARKOVIAN AGRICULTURE: SOME FIRST THOUGHTS,
Abstract
A possible way is offered in which the uncertainty of the agricultural production function can be incorporated into a model of economic growth. An investment decision in agricultural research using dynamic programming in Markov chains is described.
Document Details
- Document Type
- Technical Report
- Publication Date
- Aug 01, 1964
- Accession Number
- AD0604449
Entities
People
- Frank S. Levy
Organizations
- RAND Corporation