Abstract
This paper addresses two questions: a) Is it possible to analyze the uncertainties in the outputs of economic analyses used to rank alternative management strategies? b) Is it possible to reduce these uncertainties enough to provide reliable guidance for management decisions? Approaches to analyzing the uncertainties in outputs of economic analyses are discussed. Sources of uncertainty in economic analyses are identified. Prospects for reducing the uncertainties enough to provide reliable guidance for management decisions are assessed. -after Authors
| Original language | English (US) |
|---|---|
| Pages (from-to) | 1234-1239 |
| Number of pages | 6 |
| Journal | American Journal of Agricultural Economics |
| Volume | 68 |
| Issue number | 5 |
| State | Published - 1987 |
All Science Journal Classification (ASJC) codes
- Agricultural and Biological Sciences (miscellaneous)
- Economics and Econometrics