Application of control theory to the dynamic behaviour of agricultural commodities | |
| Author | Bilash, Kanti Bala |
| Call Number | AIT Thesis no. 967 |
| Subject(s) | Control theory Rice--Marketing |
| Note | A thesis submitted in partial fulfillment of the requirements for the degree of Master of Engineering of the Asian Institute of Technology, Bangkok, Thailand |
| Publisher | Asian Institute of Technology |
| Abstract | This study deals with Cowell's Control Theory Model of the Dynamic Hog Cycle and attempts to formulate a rice production and marketing model. The effect of a price ceiling on stability has been considered and is shown not to stabilize the system, A double curved demand schedule is shown to be useful in explaining the sustained oscillations observed in reality. A Proposed Buffer Fund Policy would increase the stability and produce damped oscillations of smaller period, A Buffer Fund plus derivative stabilization policy would increase the stability and iron out the fluctuations almost without any change in "the period, Last of all, this study formulates the rice production and marketing model and concludes that Cowell's model can be applied to many other agricultural commodities with slight modification and can be analyzed to find the means to stabilize the system. |
| Year | 1976 |
| Type | Thesis |
| School | Student Research Before 1980 |
| Department | Other Field of Studies (No Department) |
| Academic Program/FoS | Thesis (Year <=1979) |
| Chairperson(s) | Cowell, P. A. |
| Examination Committee(s) | Exell, Robert H.B. ;Wadhwa, Lal Chand |
| Scholarship Donor(s) | The Common Wealth Secretariat |
| Degree | Thesis (M. Eng.) - Asian Institute of Technology, 1976 |