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Registros recuperados: 17
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FINANCIAL RISK IN COTTON PRODUCTION AgEcon
Wilson, Paul N.; Gundersen, Carl E..
Risk analysis continues to emphasize price and yield variability as the principal components of the decision-maker's risk environment. This research demonstrates the relative importance of financial risk for a representative cotton farm in Arizona. For highly leveraged operations, financial risk may account for 70 percent of the total risk faced by the producer. Implications for future risk analysis are discussed in light of these findings.
Tipo: Journal Article Palavras-chave: Crop Production/Industries; Risk and Uncertainty.
Ano: 1985 URL: http://purl.umn.edu/29974
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Social Network Capital and Academic Careers AgEcon
Medicamento, Umberto; Wilson, Paul N.; Rahman, Tauhidur; Thompson, Gary D..
Social Network Capital and Academic Careers: The Case of a College of Agriculture ABSTRACT The relationship between economic performance and various forms of capital anchors a significant portion of mainstream economic theory and applied economics. Human, physical and financial capital represent important factors in the production of goods and services. The label “capital” implies characteristics such as investment, accumulation, maintenance, depreciation, and transfer. Recently, social capital or social network capital (SNC) has received increased scholarly attention in the literature of sociology, business, and economics. Limited analysis, however, has been directed at the role of SNC in the academy. We hypothesize that academic success at the...
Tipo: Conference Paper or Presentation Palavras-chave: Social capital; Academic networks; Human capital; Institutional and Behavioral Economics; Labor and Human Capital; Teaching/Communication/Extension/Profession.
Ano: 2010 URL: http://purl.umn.edu/61072
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Impact Assessment as Shared Learning AgEcon
Wilson, Paul N..
Increased attention directed towards evidence-based aid clearly dominates evaluation discussions within the development community. All development agencies, but particularly non-governmental organizations (NGO), struggle with the requirements for rigorous impact assessments of their project/program interventions. Given the serious operational obstacles confronting impact assessments, any successful integration of impact assessments into ongoing and new NGO programs can gain from the adoption of a shared learning model centered on organizational leadership, people, technology and knowledge. Integrated impact assessment, as shared learning, requires a cultural change within the NGO initiated and maintained by the organization’s leadership.
Tipo: Conference Paper or Presentation Palavras-chave: Impact assessment; Learning organization; Evaluation; Food Security and Poverty; International Development.
Ano: 2009 URL: http://purl.umn.edu/50739
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SOCIAL CAPITAL, TRUST, AND THE AGRIBUSINESS OF ECONOMICS AgEcon
Wilson, Paul N..
Economists, including agricultural economists, have a long history of recognizing the importance of the behavioral foundations in decision making while ignoring these observable human dimensions in their economic models. The economics of social capital and trust, two important human characteristics influencing decisions, have captured the attention of economists in recent years. Recent empirical work demonstrates that social capital and trust considerations are prevalent and economically significant, especially in business. Trust alters the terms of trade, generates decision flexibility, reduces transaction costs, and creates additional time resources for management.
Tipo: Journal Article Palavras-chave: Institutional and Behavioral Economics.
Ano: 2000 URL: http://purl.umn.edu/30833
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Groundwater Conservation Policy in Agriculture AgEcon
Wilson, Paul N.; Needham, Robert A..
Transboundary water conflicts between urban and rural populations often center on water use in the agricultural sector. Public officials may select a water conservation policy as the primary tool for reducing agricultural water use with the goal to improve water availability to urban areas and future generations. The Groundwater Management Act of 1980 (GMA) in Arizona was designed, in part, to induce water conservation in irrigated agriculture to sustain economic growth in an arid climate. Our mixed-method evaluation design merges qualitative, interview-based information with an estimated water demand function using panel data. We find that the GMA began with a flawed design and evolved through political circumstances into a ineffective water conservation...
Tipo: Conference Paper or Presentation Palavras-chave: Impact assessment; Public policy; Irrigation; Water conservation; Resource /Energy Economics and Policy.
Ano: 2006 URL: http://purl.umn.edu/25296
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USER'S GUIDE TO ORDINARY AND GENERALIZED STOCHASTIC DOMINANCE COMPUTER PROGRAMS AgEcon
Wilson, Paul N.; Hwang, Henry H..
Tipo: Working or Discussion Paper Palavras-chave: Research Methods/ Statistical Methods.
Ano: 1982 URL: http://purl.umn.edu/13277
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ECONOMIC DISCOVERY IN FEDERALLY SUPPORTED IRRIGATION DISTRICTS: A TRIBUTE TO WILLIAM E. MARTIN AND FRIENDS AgEcon
Wilson, Paul N..
Ex post evaluation of economic projections validates our shared understanding of economic methodology and methods. The recent economic history of Central Arizona Project (CAP) agriculture reveals the predictive power of economic reasoning and its policy impotence within a political environment intent on obtaining its share of federally allocated water. The financial inability and unwillingness of large irrigation districts to pay for CAP water under existing federal rules produced an urban tax- and rate-payer controlled CAP decades earlier than planned. Yet irrigation districts remain a large residual buyer of CAP water under new pricing and allocation rules. Unfortunately, water markets remain an underutilized and distrusted tool in the water development...
Tipo: Journal Article Palavras-chave: Resource /Energy Economics and Policy.
Ano: 1997 URL: http://purl.umn.edu/31017
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MUTUAL GAINS FROM TEAM LEARNING; A GUIDED DESIGN SDM CLASSROOM EXERCISE AgEcon
Wilson, Paul N..
Tipo: Conference Paper or Presentation Palavras-chave: Teaching/Communication/Extension/Profession.
Ano: 2003 URL: http://purl.umn.edu/36019
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The Economics of Irrigating Medium and Fine Textured Soils in Minnesota AgEcon
Wilson, Paul N.; Eidman, Vernon R..
Tipo: Working or Discussion Paper Palavras-chave: Crop Production/Industries.
Ano: 1981 URL: http://purl.umn.edu/8455
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AN EMPIRICAL TEST OF THE INTERVAL APPROACH FOR ESTIMATING RISK PREFERENCES AgEcon
Wilson, Paul N.; Eidman, Vernon R..
Previous attempts to measure agricultural decision makers' risk preferences have obtained values of the Arrow-Pratt coefficient in the range of approximately -.0002 to .0012. The recently developed interval approach for elicitation of risk preferences was used to estimate risk attitudes for Minnesota swine producers. Constant and decreasing absolute risk aversion were predominant among the sample. Seventy-eight percent of the respondents were in the Arrow-Pratt interval of -.0002 to .0003. A discriminant analysis using producer attributes and three estimated risk intervals concluded that 50 percent of the respondents could be classified in the correct risk interval.
Tipo: Journal Article Palavras-chave: Risk and Uncertainty.
Ano: 1983 URL: http://purl.umn.edu/32100
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TIME INTEGRATION: AGRIBUSINESS STRUCTURE FOR COMPETITIVE ADVANTAGE AgEcon
Wilson, Paul N.; Thompson, Gary D..
Tipo: Conference Paper or Presentation Palavras-chave: Agribusiness.
Ano: 2001 URL: http://purl.umn.edu/36100
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MARKET DEMANDS FOR BAGGED, REFRIGERATED SALADS AgEcon
Thompson, Gary D.; Wilson, Paul N..
Sales of newly introduced bagged, refrigerated salads grew at over 50% annually, during 1994-95. Consumption of bagged salads displayed marked seasonality despite year-round availability and uniform quality at more stable prices than head lettuce. Using scanner data from 44 areas, a single-equation demand model incorporating the effects of weather on seasonal consumption is estimated. Statistical tests of aggregation indicate that weather-induced seasonality varies significantly across areas, as do own- and cross- price elasticities. Econometric results suggest more seasonality in eating by people living in more northern latitudes, a pattern also observed by psychiatrists studying eating disorders.
Tipo: Journal Article Palavras-chave: Food Consumption/Nutrition/Food Safety.
Ano: 1999 URL: http://purl.umn.edu/30801
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RISK RESEARCH AND PUBLIC OUTREACH: A TALE OF TWO CULTURES? AgEcon
Selley, Roger A.; Wilson, Paul N..
Agricultural economists have been challenged in recent years, by voices inside and outside the profession, to evaluate the integrity of the operational bridge between research and extension activities in the land grant system. This essay investigates links between the work of risk researchers and outreach programs. Survey results indicate that (a) a significant number of risk researchers are involved in extension activities; (b) extension economists are less frequently involved in risk research than their colleagues with no extension appointment; (c) full-time extension economists use less sophisticated risk tools in their outreach efforts than used in their research; and (d) all respondents, regardless of appointment, see a need for more applied risk...
Tipo: Journal Article Palavras-chave: Teaching/Communication/Extension/Profession.
Ano: 1997 URL: http://purl.umn.edu/30844
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TRUSTWORTHINESS AS AN ECONOMIC ASSET AgEcon
Wilson, Paul N.; Kennedy, Ana M..
The evaluation of trust in economic decision making remains on the periphery of mainstream economic analysis and teaching. Yet business managers use trustworthiness in daily exchanges to create competitive advantages for their firms. An exploratory empirical test of Barney and Hansen’s three levels of trust (weak, semistrong, and strong) and Lewicki and Bunker’s portfolio of governance mechanisms revealed that strong-form trust exists in day-to-day business relationships along with other governance mechanisms. Identity-based transactions were more prevalent than were weak trust market exchanges in important economic transactions.
Tipo: Journal Article Palavras-chave: Institutional and Behavioral Economics; International Relations/Trade.
Ano: 1999 URL: http://purl.umn.edu/34213
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THE ADOPTION AND DIFFUSION OF LEVEL FIELDS AND BASINS AgEcon
Anderson, David P.; Wilson, Paul N.; Thompson, Gary D..
Strategic investments in agriculture often are lumpy and irreversible, with significant impacts on operating and fixed costs. Leveling cotton fields to zero slope in central Arizona is a strategic decision made by relatively younger farmers who are farming fine-textured soils in irrigation districts with higher expected water costs. The diffusion of the technology across the region between 1968-89 appears to be both a function of institutional changes (e.g., the Groundwater Management Act of 1980, the Central Arizona Project) and the long-run expected price changes induced by these new policies.
Tipo: Journal Article Palavras-chave: Crop Production/Industries.
Ano: 1999 URL: http://purl.umn.edu/30870
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RISK PERCEPTIONS AND MANAGEMENT RESPONSES: PRODUCER-GENERATED HYPOTHESES FOR RISK MODELING AgEcon
Patrick, George F.; Wilson, Paul N.; Barry, Peter J.; Boggess, William G.; Young, Douglas L..
Farm level risk analyses have used price and yield variability almost exclusively to represent risk. Results from a survey of 149 agricultural producers in 12 states indicate that producers consider a broader range of sources of variability in their operations. Significant differences exist among categories with respect to the importance of the sources of variability in crop and livestock production. Producers also used a variety of management responses to variability. There were significant difference among categories in the importance given to particular responses and their use of them. These results have implications for research, extension, and policy programs.
Tipo: Journal Article Palavras-chave: Risk and Uncertainty.
Ano: 1985 URL: http://purl.umn.edu/29989
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Managing Wholesale Nurseries in the Desert AgEcon
Wilson, Paul N.; Leones, Julie P..
This study reports the management practices and strategies of wholesale nursery operations in Arizona. In this desert environment near large California competitors, Arizona firms attempt to differentiate their products and develop market niches as competitive strategies. Xeriscape using low-water-use plants is an evolving specialty product of the industry. Future industry and public education concerning xeriscape is necessary to strengthen this strategic advantage for these firms.
Tipo: Journal Article Palavras-chave: Wholesale nursery; Xeriscape; Management practices; Agribusiness; Crop Production/Industries.
Ano: 1995 URL: http://purl.umn.edu/90364
Registros recuperados: 17
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