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Registros recuperados: 179 | |
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Hartell, Jason G.. |
“Multifunctionality” emphasizes the benefit externality properties of nonfood products that coincide with agricultural commodity production, some of which also have public-good properties. However, determining the willingness to pay for local benefit externalities is seen as necessary but daunting. This paper pursues the idea that the valuation process might first start by estimating the incentives required to supply various levels of a benefit externality. With the use of carbon sequestration through the adoption of no-till cultivation as an example of a multifunctional benefit externality, mathematical programming is used to derive representative price schedules. The implication for incentive prices are examined in light of risk aversion. |
Tipo: Journal Article |
Palavras-chave: Carbon sequestration; Externalities; Multifunctionality; Quadratic programming; C61; D62; Q12; Q21. |
Ano: 2004 |
URL: http://purl.umn.edu/43416 |
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Komarek, Adam M.; MacAulay, T. Gordon. |
Using an expected mean-variance model the changes in farm enterprise levels and indirect utility were examined under conditions of risk aversion, budget constraints and gross margin variance. An extension of the comparative statics of the expected mean-variance model was adopted by introducing a budget constraint into the constrained optimisation problem. A 10-year expected mean-variance whole-farm model was solved for a farm in the wheat-sheep zone of Australia to provide an empirical example. Results were obtained using no planning horizon (the static model) and then with a five-year rolling planning horizon (the dynamic model). In addition, enterprise levels were constrained to match levels observed on the farm so as to compare incomes between the... |
Tipo: Conference Paper or Presentation |
Palavras-chave: Whole-farm modelling; Enterprise selection; Risk.; Farm Management; Q12; C61. |
Ano: 2011 |
URL: http://purl.umn.edu/100574 |
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Spreen, Thomas H.; Brewster, Charlene; Brown, Mark G.. |
The proposed Free Trade Area of the Americas would join the world’s two largest processed orange producing regions: Brazil and the United States. Because the United States currently imposes a sizeable tariff on imported processed orange products, there is concern by U.S. orange growers over possible adverse effects resulting from tariff elimination. A model of the world processed orange market is developed as a spatial equilibrium model with implicit supply functions based on the dynamic behavior of orange production. The model is used to estimate the impact of U.S. tariff elimination on U.S. production, grower and processor prices, and imports. The results suggest a sizeable price impact on U.S. producers if the tariff is eliminated. |
Tipo: Journal Article |
Palavras-chave: Orange juice; Spatial equilibrium; Tariffs; Trade; C61; F13. |
Ano: 2003 |
URL: http://purl.umn.edu/37837 |
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Sgobbi, Alessandra; Carraro, Carlo. |
The objective of this paper is to investigate the usefulness of non-cooperative bargaining theory for the analysis of negotiations on water allocation and management. We explore the impacts of different economic incentives, a stochastic environment and varying individual preferences on players strategies and equilibrium outcomes through numerical simulations of a multilateral, multiple issues, non-cooperative bargaining model of water allocation in the Piave River Basin, in the North East of Italy. Players negotiate in an alternating-offer manner over the sharing of water resources (quantity and quality). Exogenous uncertainty over the size of the negotiated amount of water is introduced to capture the fact that water availability is not known with... |
Tipo: Working or Discussion Paper |
Palavras-chave: Bargaining; Non-Cooperative Game Theory; Simulation Models; Uncertainty; Environmental Economics and Policy; C61; C71; C78. |
Ano: 2007 |
URL: http://purl.umn.edu/7446 |
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Flury, Christian; Mack, Gabriele; Rieder, Peter; Pfefferli, S.. |
Switzerland aims to liberalise the milk market by 2011. This will result in distinctive changes in the basic conditions for agriculture. The impacts of the liberalisation are investigated with a composite model obtained by combining an optimization model for the agricultural sector and a dynamic simulation model for the milk and meat market. The calculations with the composite model indicate that the milk price depends strongly on the phasing out of market support, while the abolition of milk quotas in 2009 is less decisive. An introduction of a dairy cow premium leads to a higher milk production, especially with abolished milk quotas. In this case the European milk price level represents the lower limit for the milk price in Switzerland. Compared to the... |
Tipo: Conference Paper or Presentation |
Palavras-chave: Dynamic simulation; Sectoral optimisation; Milk market; Milk quota; Agribusiness; C53; C61; O21; Q13; Q18. |
Ano: 2005 |
URL: http://purl.umn.edu/24507 |
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Nkuiya, Bruno. |
We characterize the equilibrium level of emissions, the equilibrium stock of global pollution and the discounted net social welfare for both the cooperative and non-cooperative equilibria when the countries face the threat of a sudden irreversible jump in the global damages at an unknown date. The goal is to analyze the impact of this type of uncertainty on the equilibrium behavior of the countries. We find that it can have a significant effect on those equilibria. Countries reduce their emissions to mitigate their exposure to this threat. As the level of threat rises, countries adjust their emissions to lower the stock of pollutant. However, although initially this threat has the effect of lowering the discounted net welfare, it can in the long run have a... |
Tipo: Working or Discussion Paper |
Palavras-chave: Global pollution; Environmental uncertainty; Regime shift; Stochastic differential games; Environmental Economics and Policy; C61; C7; D81; Q54. |
Ano: 2011 |
URL: http://purl.umn.edu/117826 |
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Registros recuperados: 179 | |
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