|
|
|
|
|
| Eisen-Hecht, Jonathan I.; Kramer, Randall A.; Huber, Joel. |
| This study examines the factors the influence the values and importance that landowners place on the attributes of voluntary wetland restoration programs. Choice-based conjoint analysis, a stated preference method, was used to estimate the marginal utilities and values for restoration program attributes for North Carolina landowners. Landowner preferences were estimated at individual and aggregate levels to examine the importance of modeling heterogeneous preferences. Choice modeling performed at both aggregate and individual levels demonstrated the information gains from a disaggregated approach. |
| Tipo: Conference Paper or Presentation |
Palavras-chave: Research Methods/ Statistical Methods. |
| Ano: 2004 |
URL: http://purl.umn.edu/20253 |
| |
|
|
| McDowell, Howard; Kramer, Randall A.; Price, J. Michael. |
| This paper provides an economic analysis of the historical agricultural price and income support policy, a policy of market-determined prices and income, and a policy linking market-determined prices with sector-wide farm income stabilization in years of economic disaster. The analysis compares commodity prices, net farm income, and government expenditures over the period 1970 through 1982 based on estimates generated by USDA's Food and Agricultural Policy Simulator (FAPSIM). The historical policy generates the highest income and most stable prices. Market-determined income is lowest and has the greatest variability. Stabilization minimized income variability at intermediate income levels. |
| Tipo: Journal Article |
Palavras-chave: Agricultural Finance. |
| Ano: 1989 |
URL: http://purl.umn.edu/30105 |
| |
|
|
| Pope, Rulon D.; Kramer, Randall A.; Green, Richard D.; Gardner, B. Delworth. |
| Previously published empirical models of U.S. farmland prices are reviewed and reestimated including recent data. It is apparent that structural changes have occurred. A simple single equation econometric model with less economic structure appears to forecast better than a simultaneous equation model. Finally, Box-Jenkins forecasts are roughly as good as those based upon a simultaneous equation econometric model, but somewhat inferior to the single equation model. The results suggest that further research may be needed to explain recent movements of farmland prices. |
| Tipo: Journal Article |
Palavras-chave: Land Economics/Use. |
| Ano: 1979 |
URL: http://purl.umn.edu/32436 |
| |
|
| |
|
|
| Segarra, Eduardo; Kramer, Randall A.; Taylor, Daniel B.. |
| This paper analyzes the effects of uncertain soil loss in farm planning models. A disaggregated approach was used because of an interest in examining the impact of probabilistic soil loss constraints on farm level decision-making. A stochastic programming model was used to consider different levels of probability of soil loss. Traditional methods of analysis are shown to consistently overestimate net returns. |
| Tipo: Journal Article |
Palavras-chave: Farm Management. |
| Ano: 1985 |
URL: http://purl.umn.edu/29971 |
| |
|
|
| Zhu, Minkang; Taylor, Daniel B.; Sarin, Subhash C.; Kramer, Randall A.. |
| The random nature of soil loss under alternative land-use practices should be an important consideration of soil conservation planning and analysis under risk. Chance constrained programming models can provide information on the trade-offs among pre-determined tolerance levels of soil loss, probability levels of satisfying the tolerance levels, and economic profits or losses resulting from soil conservation to soil conservation policy makers. When using chance constrained programming models, the distribution of factors being constrained must be evaluated. If random variables follow a log-normal distribution, the normality assumption, which is generally used in the chance constrained programming models, can bias the results. |
| Tipo: Journal Article |
Palavras-chave: Risk and Uncertainty. |
| Ano: 1994 |
URL: http://purl.umn.edu/31324 |
| |
|
|
| Liese, Christopher; Smith, Martin D.; Kramer, Randall A.. |
| This paper combines a model of open access fisheries exploitation with a distance-based approach to missing labor and product markets. The model generates predictions about the circumstances under which exploitation increases or decreases with distance. An econometric model is estimated with survey data from artisanal fishing households in Minahasa, Indonesia. The results can be used to assess the impacts of improved transportation infrastructure on fishery exploitation. |
| Tipo: Conference Paper or Presentation |
Palavras-chave: Marketing. |
| Ano: 2002 |
URL: http://purl.umn.edu/19867 |
| |
|
|
| Norris, Patricia E.; Kramer, Randall A.. |
| Probability judgements are important components of decision making under uncertainty. In particular, economic decisions can be aided by assuring more accurate assessment of probabilities and more realistic modelling of economic problems through the inclusion of subjective probabilities. The purpose of this paper is to describe the techniques which can be used to elicit subjective probabilities and the ways in which these techniques can be incorporated into agricultural economics research. The review draws from the statistics, psychology, management, operations research, meteorology and economics literature. |
| Tipo: Journal Article |
Palavras-chave: Research Methods/ Statistical Methods. |
| Ano: 1990 |
URL: http://purl.umn.edu/12253 |
| |
|
|
|
