Fcic Simulated Classification: Some Empirical Analyses of the Decision-Making Process (Classic Reprint) - Softcover

George W. Mayeske

 
9780365413332: Fcic Simulated Classification: Some Empirical Analyses of the Decision-Making Process (Classic Reprint)

Synopsis

Through a simulation study, this book explores a performance estimation method used by the Federal Crop Insurance Corporation (FCIC) to evaluate its state director positions, aiming to establish a fairer, more objective classification system. The study reveals that two key factors—the ratio of insured acres to insurable acres in established counties and premium income—are sufficient to accurately reproduce the performance estimates made by top FCIC executives. These findings provide valuable insights for developing standards to differentiate between state director positions, potentially resolving previous challenges faced by FCIC in establishing an equitable classification system.

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Other Popular Editions of the Same Title

9780365413400: Fcic Simulated Classification: Some Empirical Analyses of the Decision-Making Process (Classic Reprint)

Featured Edition

ISBN 10:  0365413402 ISBN 13:  9780365413400
Publisher: Forgotten Books, 2018
Hardcover