Constrained game approaches to the systematic regulation of land use variability

Abstract.

This paper develops an intertemporal goal programming approach to the modelling of policy induced variations in production methods and types and quantities of resources under conditions of regulation and weather related risk and market related risk and uncertainty. The goal programming approach is contrasted with the Howitt's calibration approach and with the data envelopment approach of Thompson and others. Howitt's method assumes persistence of production techniques and cost parameters even though an explicit purpose of regulatory policy may be to change them. And standard data envelopment analysis does not explicitly consider production costs or market prices or regulatory policies at all.