Written Paper

Bio-economic modeling: State-of-the-art and key priorities  [2015]

Flichman, Guillermo; Allen, Thomas

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In recent years there has been a significant development of bio-economic models, especially those integrating biophysical models and economic mathematical programming models. This development was enhanced by the conjunction of several factors such as the multiplicity of objectives in new agricultural policies, the increase of demand for multi-disciplinary approaches for integrated assessment, and the call for more dialogue and cooperation between scientists from various disciplines. Even though an important number of bio-economic models have been developed and tested on different farming systems and under various agro-ecological conditions (Flichman and Jacquet, 2002; Janssen and van Ittersum, 2007), there is a lack of literature regarding the implicit or explicit assumptions of these models and economic theory, their main ad-vantages compared to conventional economic approaches, and their specific contributions in strengthening collaboration and improving integration between different disciplines.