Simulating Heterogeneous Farmer Behaviors
Figure 10 . Adoption and production decisions by size under individual level information . The red lines indicate target levels and the blue lines indicate experiment simulated results .
Group Level Information
When participants are informed with group level information on average adoption and production decisions in their group in the last round , we find that this information helps participants make better decisions than the no information baseline , but the policy efficiency is lower compared to individual level information scenario ( Figure 11 ). Furthermore , small farms tend to over adopt and over produce , and the large farms tend to under adopt and under produce . However , compared to the target levels , the deviations between the target and the simulated results are smaller compared to the no information scenario , but larger than when people were given individual level information . Therefore , group level information helps the policy performance and efficiency on an aggregate level , but the policy efficiency is lower than if people were given individual level information .
Figure 11 . Adoption and production decisions by size under individual level information . The red lines indicate target levels and the blue lines indicate experiment simulated results .
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