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An application of optimal control techniques to agricultural policy analysis



An application of optimal control techniques to agricultural policy analysis



Technical Bulletin, Agricultural Experiment Station, Oklahoma State University (T-154): 41



This study investigates the potential of using optimal control procedures as an analytical tool for analyzing US farm policy. The specific objective is to indicate the type of results which can be obtained from using theory techniques to select values for farm policy variables, such as loan rates, target prices, and acreage diversion levels.

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Accession: 000594857

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