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Summary of the modeling objectives and problem identification:
FASOMGHG is a multiperiod, intertemporal, price-endogenous, mathematical programming model depicting land transfers and other resource allocations between and within the agricultural and forest sectors in the US. The model solution portrays simultaneous market equilibrium over an extended time, typically 30 to 100 years on a five-year time step basis. The results from FASOMGHG yield a dynamic simulation of prices, production, management, consumption, GHG effects, and other environmental and economic indicators within these two sectors, under the scenario depicted in the model data.