Purdue University Graduate School
MS Final Thesis 2.41pm.pdf (1.03 MB)

A Bioeconomic Model of Indoor Pacific Whiteleg Shrimp (Litopenaeus Vannamei) Farms With Low-Cost Salt Mixtures

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posted on 2020-05-08, 19:52 authored by Patrick N MaierPatrick N Maier
Using a bioeconomic model and stochastic simulation to assess the economic viability of small-scale, recirculating shrimp farms in the Midwestern U.S. A series of stress tests were implemented on key input variables including survival rate, selling price, electricity usage, discount rate and the cost of added salt. The key output variable is the Net Present Value of the operation.


USDA Capacity Building Grant - (USDA-2018-68006-28101)


Degree Type

  • Master of Science


  • Agricultural Economics

Campus location

  • West Lafayette

Advisor/Supervisor/Committee Chair

Dr. Kwamena Quagrainie

Additional Committee Member 2

Dr. Carson Reeling

Additional Committee Member 3

Dr. Michael Langemeier