+ Translate

The elicitation of subjective probabilities with applications in agricultural economics

, : The elicitation of subjective probabilities with applications in agricultural economics. Review of Marketing and Agricultural Economics 58(2/3): 127-147

Probability judgements are important components of decision making under uncertainty. In particular, economic decisions can be aided by assuring more accurate assessment of probabilities and more realistic modelling of economic problems through the inclusion of subjective probabilities. The purpose of this paper is to describe the techniques which can be used to elicit subjective probabilities and the ways in which these techniques can be incorporated into agricultural economics research.

(PDF 0-2 workdays service)

Accession: 002249810

Submit PDF Full Text: Here

Submit PDF Full Text

No spam - Every submission is manually reviewed

Due to poor quality, we do not accept files from Researchgate

Submitted PDF Full Texts will always be free for everyone
(We only charge for PDFs that we need to acquire)

Select a PDF file:

Related references

Grisley, W.; Kellogg, E.D., 1983: Farmers' subjective probabilities in Northern Thailand: an elicitation analysis. The ability of agricultural decision makers to formulate logical expectations about the outcome of risky events in crop production and marketing is investigated. Measures of Nothern Thailand farmers' perceptions of yield, price, and net inco...

Meads, C.; Auguste, P.; Davenport, C.; Małysiak, S.; Sundar, S.; Kowalska, M.; Zapalska, A.; Guest, P.; Thangaratinam, S.; Martin-Hirsch, P.; Borowiack, E.; Barton, P.; Roberts, T.; Khan, K., 2013: Positron emission tomography/computerised tomography imaging in detecting and managing recurrent cervical cancer: systematic review of evidence, elicitation of subjective probabilities and economic modelling. Cancer of the uterine cervix is a common cause of mortality in women. After initial treatment women may be symptom free, but the cancer may recur within a few years. It is uncertain whether it is more clinically effective to survey asymptomatic wo...

Kingston, G., 1976: Rainfall probabilities - agricultural applications. A method of analysis is described, used to derive probabilities of cumulative rainfall within selected time periods of agricultural importance at four centres in the Queensland sugar-cane belt. The current timing of cultural and harvesting operati...

Dhami, M.K.; Wallsten, T.S., 2006: Interpersonal comparison of subjective probabilities: toward translating linguistic probabilities. Interpersonal variability in understanding linguistic probabilities can adversely affect decision making. Using the fact that everyone judges canonical probability events similarly in a manner consistent with axiom systems that yield a probability...

Thornbury J.R.; Fryback D.G., 1976: Radiologists subjective probabilities vs computer model probabilities in urogram diagnosis of renal cyst tumor normal variant. Investigative Radiology 11(5): 389

Seeley, Mark, 1995: Some applications of temporal climate probabilities to site-specific management of agricultural systems. Robert, P C [Editor], Rust, R H [Editor], Larson, W E [Editor] Site-specific management for agricultural systems 513-530

Phillips, J., 1975: A subjective evaluation of resource allocation within agricultural economics research: 1958-73. Review of marketing and agricultural economics: 43 (1) 52-56

Phillips, J., 1975: Forum: a subjective evaluation of resource allocation within agricultural economics research: 1958-73. Articles published between 1958 and 1973 in the Australian Journal of Agricultural Economics, The Economic Record, Australian Economic Papers, and Review of Marketing and Agricultural Economics were analyzed. They are classified under 32 areas of...

Anonymous, 1999: Effects of liberalization in the agricultural and food sectors on employment: contributions to the joint conference of the Swiss Society for Agricultural Economics and Agricultural Sociology and the Austrian Agricultural Economics Society in Rorschach on Bodensee on 25th and 26th March 1999. The papers cover three main aspects of trade liberalization in Austria and Switzerland. The first group deals with the general effects on the whole agroindustrial sector and its regional and rural dimensions. The second group examines the effects...

Pino, F.A.; Amaral, A.M.P.; Sueyoshi, M.L.S.; Francisco, V.L.F.S.; Cezar, S.A.G., 1992: Some applications of the SAS in agricultural economics. Some of the more frequent applications of the microcomputer version of SAS (Statistical Analysis Software) are presented. It includes stratified sampling, index numbers, and growth rates. SAS was introduced into the scientific and technical work o...