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Looking Into the Future for Agriculture and AKST | 365
Table A.5.8 Overview of major uncertainties in CAPSiM
Model component |
Uncertainty |
Model structure |
• Based on partial equilibrium theory (equilibrium between demand and supply of all commodities and production factors) |
Parameters |
Input parameters: |
Driving force |
Economic and demographic drivers: |
Initial condition |
Baseline: Three-year average centered on 2001 of all input parameters and assumptions for driving forces |
Model operation |
Visual C++ programming language |
Table A.5.9 Level of confidence in different types of scenario calculations with CAPSiM
Level of Agreement/ Assessment |
High |
Established but incomplete |
Well established |
Low |
Speculative |
Competing explanations |
|
|
Low |
High |
|
Amount of evidence (theory, observations, model outputs) |
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