Agent-Based Modeling and Simulation for Farmer Decision Making Article Swipe
Nila Nurlina
,
Dhanan Sarwo Utomo
,
Tri Retno Setiyawati
,
Masculine Muhammad Muqorobin
·
YOU?
·
· 2024
· Open Access
·
· DOI: https://doi.org/10.22219/jtiumm.vol25.no2.119-130
YOU?
·
· 2024
· Open Access
·
· DOI: https://doi.org/10.22219/jtiumm.vol25.no2.119-130
Shallots are a highly demanded, perishable commodity whose fluctuating prices pose significant risks to farmers, affecting their income stability. This research aims to model and simulate the selling decisions of shallot farmers using Agent-Based Modeling (ABM). The model represents the individual behaviors of farmers and buyers, focusing on decisions to either delay or immediately sell harvested shallots. Key variables such as market prices, inventory levels, and profit expectations were incorporated into the model. Primary data were collected from observations of shallot farmers in Nganjuk, East Java. In contrast, secondary data were sourced from the Indonesian Central Statistics Agency (BPS). The simulation results indicate farmers maximize their profits by selling shallots when the minimum sales profit margin reaches 20%. Farmers tend to postpone sales when market prices fall by drying the shallots, reducing market supply, and elevating prices. The study concludes that delaying sales can be an effective strategy to stabilize prices and enhance profitability, particularly when dried shallots command higher prices than fresh ones. These findings offer valuable insights for developing agricultural policies to optimize farmers' income while mitigating price volatility risks.
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Metadata
- Type
- article
- Language
- en
- Landing Page
- https://doi.org/10.22219/jtiumm.vol25.no2.119-130
- OA Status
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- Related Works
- 10
- OpenAlex ID
- https://openalex.org/W4403872170
All OpenAlex metadata
Raw OpenAlex JSON
- OpenAlex ID
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https://openalex.org/W4403872170Canonical identifier for this work in OpenAlex
- DOI
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https://doi.org/10.22219/jtiumm.vol25.no2.119-130Digital Object Identifier
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Agent-Based Modeling and Simulation for Farmer Decision MakingWork title
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articleOpenAlex work type
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enPrimary language
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2024Year of publication
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2024-08-31Full publication date if available
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Nila Nurlina, Dhanan Sarwo Utomo, Tri Retno Setiyawati, Masculine Muhammad MuqorobinList of authors in order
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https://doi.org/10.22219/jtiumm.vol25.no2.119-130Publisher landing page
- Open access
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YesWhether a free full text is available
- OA status
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diamondOpen access status per OpenAlex
- OA URL
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https://doi.org/10.22219/jtiumm.vol25.no2.119-130Direct OA link when available
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Computer science, Simulation modeling, Management science, Engineering, Mathematics, Mathematical economicsTop concepts (fields/topics) attached by OpenAlex
- Cited by
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0Total citation count in OpenAlex
- Related works (count)
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10Other works algorithmically related by OpenAlex
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