Table 1. Model parameters for biophysical processes and agent attributes.
BIOPHYSICAL PROCESSES | |||||
Land-Use | Avg. Yielda (kg ha−1) | Degradation/RegenerationRates (kg ha−1 yr−1) | Avg. Priceb ($ kg−1) [33] | ||
Intensive Ag. [34] | 3,500 | 0/0 | 0.13 | ||
Extensive Ag. [35]–[37] | 2,700 | 0.25/0.04 | 0.13 | ||
Pasture [38], [39] | 1,700 | 0.18/0.5 | 0.13 | ||
AGENT ATTRIBUTES | |||||
Parameter Name | Value | Units | Notes | Source | |
Household size | h | 4 | people | While the household size is held constant,the number of households per agentchanges with population density. | [40] |
Total available labor | Ltot | 96 | person-weeks household−1 | Fifty-two weeks in a year less 15 for leisure,multiplied by 2 for 2 adultsand 1 for 2 children. | [41] |
Minimum subsistence requirements | δmin | 860 | kg yr−1 person−1 | Based on a diet of moderate meatconsumption; includes grain for feed. | [40] |
Risk preferences | Rpref | 0 to 1 | N/A | Certainty equivalent of a riskyactivity (i.e. risk-aversion). | [7], [8] |
Initial household subsistencestock | Ssub | 2,580 | kg | Initial food stocks are assumed tocover a year’s subsistence requirements. | N/A |
Initial household money stock | Smon | 1,426 | dollars | Combined farm input costs and the costof a year’s subsistence needs at thelong-term average crop price witha market influence of 0.5. | N/A |
All agricultural yields are reported in grain equivalents.
Agricultural product prices are assumed equal to control for agricultural commodity-differentiated price effects, and are based on the 5-year average farm price of wheat.