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Algebraic Modeling Systems pp 199–212Cite as

Economic Simulation Models in Agricultural Economics: The Current and Possible Future Role of Algebraic Modeling Languages

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Part of the book series: Applied Optimization ((APOP,volume 104))

Abstract

This contribution is on the current and future role of algebraic modeling languages. While some of the discussion is based on special experience using GAMS for economic simulation models in the field of agricultural economics, other aspects are general to all modeling system, e.g., the modularization of code. Another common aspect is the transition of larger and larger modeling applications and optimization projects into IT projects leading to the open question: How far can we go with algebraic modeling systems?

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Author information

Authors and Affiliations

  1. Institute for Food and Resource Economics, University Bonn, Nussallee 21, 53115, Bonn, Germany

    Wolfgang Britz

  2. Department of Astronomy, University of Florida, Gainesville, FL, 32611, US

    Josef Kallrath

Authors
  1. Wolfgang Britz
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  2. Josef Kallrath
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Editors and Affiliations

  1. Am Mahlstein 8, Weisenheim, 67273, Germany

    Josef Kallrath

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Britz, W., Kallrath, J. (2012). Economic Simulation Models in Agricultural Economics: The Current and Possible Future Role of Algebraic Modeling Languages. In: Kallrath, J. (eds) Algebraic Modeling Systems. Applied Optimization, vol 104. Springer, Berlin, Heidelberg. https://doi.org/10.1007/978-3-642-23592-4_11

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