Browsing by Subject "Expectation formation"

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Investigating climate change perception and expectation formation for the advancement of agent-based models applied to agricultural adaptation assessment
(2019) Eisele, Marius; Berger, Thomas
To inform more realistic representations of farmer decision making in agent-based simulation models applied to agricultural adaptation assessment at the regional scale, the present thesis investigates three areas of central importance for judgments about farm-level reactions to climate change: (i) perception of changes in local weather conditions and expectations about their effects; (ii) reception of signals from the biophysical environment and their interpretation in terms of socially constructed understandings of climate change, farm-level risks, and perceived adaptation capacity; and (iii) the nature of expectation mechanisms involved in the formation of judgments about climatic changes. For this purpose, three types of empirical approaches were used: questionnaire-based surveys conducted with farmers from two study areas in Southwest Germany, the Central Swabian Jura and the Kraichgau; a questionnaire-based comparative study of farmer school students and pre-first-semester undergraduate university students enrolled in study programs related to agriculture without experience in farming and no study experience; and economic lab experiments conducted with farming practitioners (experienced farmers and farmer school students) and university students from agriculture-related study programs with several semesters of study experience. Based on these empirical findings, the following recommendations for the agent-based modeling software MPMAS are derived: (i) agent-specific levels of climate change awareness should be accounted for to reflect the effects of personal experiences with climate change outcomes, social norms and individual-specific learning patterns and coping behavior; (ii) the effects of incomplete information assessment and risk aversion should be reflected in the imputed selection mechanism for climate change response, i.e. for the choice of adaptation measures; and (iii) experimental results should be used to inform modeled expectation mechanisms of agents, currently implemented for judgments about future prices and yields.