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Registros recuperados: 15 | |
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Mahul, Olivier; Wright, Brian D.. |
The optimal crop revenue insurance contract is designed from recent developments in the theory of insurance economics under incomplete markets. The message is two-fold. Firstly, when the indemnity schedule is contingent on individual price and individual yield, the optimal contract depends only on the individual gross revenue. Secondly, this policy is shown to fail if the indemnity function is based on aggregate price and/or aggregate yield. A closed-form solution, in which basis risks are ignored, is proposed. It differs from actual revenue insurance programs proposed to the U.S. farmers. When insurance and capital markets are unbiased, it can be replicated with existing crop yield and revenue insurance policies and hedging contracts if the decision... |
Tipo: Conference Paper or Presentation |
Palavras-chave: Agricultural Finance; Risk and Uncertainty. |
Ano: 2000 |
URL: http://purl.umn.edu/21729 |
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Wright, Brian D.. |
Since the 1970’s, the worldwide capacity of genebanks for ex situ conservation of crop genetic resources has increased greatly. This has increased the accessibility of landraces and wild and weedy relatives to crop breeders; in situ conservation, though essential, is not an efficient means of furnishing genebanking services. But utilization of genebank resources has not kept pace. The set of popular cultivars in major crops is typically rather small, and their ancestry encompasses only a small fraction of the genetic diversity currently available in other cultivars. Discussions of farmers’ rights that focus on compensation for current incorporation of farmers’ varieties in new cultivars have diverted attention from the question of why so little of the... |
Tipo: Working or Discussion Paper |
Palavras-chave: Resource /Energy Economics and Policy. |
Ano: 1996 |
URL: http://purl.umn.edu/16100 |
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Koo, Bonwoo; Wright, Brian D.. |
When a new technology consists of sequences of innovations that culminate in a final consumer product, the balance between successive innovators is one of the main concerns in the design of the patent system. While intertemporal aspects of incentive are critical in this environment of sequential innovations, time plays a minor role in existing literature on dynamic models. By focusing on the incentives of follow-on innovators who commercialize an initial invention, this study examines the dynamic implications of the patent instrument (e.g., patent life) via a positive analysis. It shows that a long patent life may encourage innovation incentives and increase social welfare, contrary to existing arguments that argue that long patent life always discourages... |
Tipo: Working or Discussion Paper |
Palavras-chave: Patent life; Research tool; Licensing; Rent dissipation; Research and Development/Tech Change/Emerging Technologies. |
Ano: 2002 |
URL: http://purl.umn.edu/16095 |
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Binenbaum, Eran; Nottenburg, Carol; Pardey, Philip G.; Wright, Brian D.; Zambrano, Patricia. |
A biotechnology revolution is proceeding in tandem with international proliferation of intellectual property regimes and rights. Does the intellectual property impede agricultural research conducted in, or of consequence for, developing countries? This question has important spatial dimensions that link the location of production, the pattern of international trade, and the jurisdiction of intellectual property. Our main conclusion is that the current concerns about the freedom to operate in agricultural research oriented towards food crops for the developing world are exaggerated. Rights to intellectual property are confined to the jurisdictions where they are granted, and, presently, many of the intellectual property (IP) rights for biotechnologies... |
Tipo: Working or Discussion Paper |
Palavras-chave: Research and Development/Tech Change/Emerging Technologies. |
Ano: 2000 |
URL: http://purl.umn.edu/16072 |
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Koo, Bonwoo; Wright, Brian D.. |
The lack of ex-ante evaluation of germplasm in genebanks has been the single most prevalent and long-standing complaint of plant breeders about the management of genebanks. Advances in biotechnology offer the possibility of faster, cheaper, and more efficient evaluation methodologies. Will these new technologies favor ex-post evaluation, as some expect, or will it lead to more ex-ante evaluation? Will it also lead to earlier development of varieties with disease resistance traits in anticipation of actual infestations? Will the prospect of further advances in biotechnology favor delay of evaluation and development? This paper addresses these questions in the case of evaluation of germplasm for resistance to a disease. |
Tipo: Working or Discussion Paper |
Palavras-chave: Gene banks; Plant; Biotechnology; Research and Development/Tech Change/Emerging Technologies. |
Ano: 1999 |
URL: http://purl.umn.edu/97514 |
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Nottenburg, Carol; Pardey, Philip G.; Wright, Brian D.. |
As patents and other forms of intellectual property become more pervasive in the next generation of biotechnologies, designing policies and practices to ensure sufficient freedom to operate (i.e., the ability to practice or use an innovation) will be crucial for non-profit research agencies, especially those intent on developing technologies destined for commercial release. Are non-profit organisations exempt from intellectual property claims? What constitutes infringement of a patent? How does a non-profit establish its freedom to operate? We address these issues in this paper and evaluate various options for accessing other people’s technologies. Options include crosslicensing agreements, research-only or cost-free licences, market segmentation... |
Tipo: Article |
Palavras-chave: Research and Development/Tech Change/Emerging Technologies. |
Ano: 2002 |
URL: http://purl.umn.edu/118622 |
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Wright, Brian D.. |
The world-wide capacity of genebanks for ex situ conservation of crop genetic resources has increased greatly since the 1970s, improving the access of crop breeders to landraces and wild and weedy relatives. But utilization of genebank resources has not kept pace. The set of popular cultivars in major crops is typically rather small, and their ancestry encompasses only a fraction of the genetic diversity currently available in other cultivars. Discussions of farmers' rights that focus on compensation for current incorporation of farmers' varieties in new cultivars have diverted attention from the question of why so little of the newly accessible genetic diversity is currently being utilized by public and private breeders. To optimize the future provision... |
Tipo: Journal Article |
Palavras-chave: Crop Production/Industries; Resource /Energy Economics and Policy. |
Ano: 1997 |
URL: http://purl.umn.edu/118009 |
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Pardey, Philip G.; Koo, Bonwoo; Wright, Brian D.; Van Dusen, M. Eric; Skovmand, Bent; Taba, Suketoshi. |
Worldwide, the number of genebanks and the amount of seed stored in them has increased substantially over the past few decades. Most attention is focused on the likely benefits from conservation, but conserving germplasm involves costs whose nature and magnitude are largely unknown. Because more resources spent on conserving germplasm often means less spent on characterizing the collection or using the saved seeds in crop-improvement research, knowledge of the costs of germplasm conservation has important, possibly long run, R&D management, policy, and food-security consequences. Moreover, these costs place a lower bound on the benefits deemed likely to justify the expense of saving this seed. In this paper we compile and use a set of cost data for... |
Tipo: Working or Discussion Paper |
Palavras-chave: Germplasm conservation; Gene banks; Plant; Maize -- Breeding; Wheat -- Breeding; Rate of return; Resource /Energy Economics and Policy. |
Ano: 1999 |
URL: http://purl.umn.edu/97509 |
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Registros recuperados: 15 | |
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