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Agent-based artificial markets
(2008-07)
Scope and Method of Study: This study is composed of three essays. The first essay adapts the particle swarm optimization algorithm (PSO) to find the equilibrium in an agent-based artificial market. The simulated agents ...
Food demand in urban China
(2008-05)
Scope and Method of Study: This study is composed of three essays. The objective of the first essay is to estimate the impacts of economic and non-economic factors on food consumption patterns in urban China. A complete ...
Modelling and evaluating strategies to reduce bale handling costs in a cooperative cotton warehouse
(2020-12)
Cooperatively owned cotton warehouses have unique inventory management issues. Unlike some other agricultural commodities, cotton is stored and marketed on an identity preserved individual basis. Unlike other warehouses ...
Economics of the Greenseeder Hand Planter, Discrete Choice Modeling, and On-Farm Field Experimentation
(2019-08)
Corn yields in developing countries are lower than in developed countries partly due to planting methods that involve hand dropping of multiple seeds per hill. Researchers from Oklahoma State University (OSU) recently ...
Calendar spread options for storable commodities
(2013-12)
Previous studies provide pricing models of options on futures spreads. However, none fully reflect the economic reality that spreads can stay near full carry for long periods of time. A new option pricing model is derived ...