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Registros recuperados: 33 | |
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Myyra, Sami; Pietola, Kyosti. |
This article solves and characterizes optimal decision rules to invest in irreversible land improvements conditional on land tenure insecurity. Economic model is a normative dynamic programming model with known parameter for the one period returns and transition equations. The decision rules are solved numerically conditional on alternative scenarios on the likelihood that the lease contract and, thus, farmer access to land is either renewed or expires. The model parameters represent Finnish soil quality and production conditions. The results suggest that irreversible land improvements decrease quickly and the yields decline gradually when the farmer is confronted with land tenure insecurity caused by uncertain renewal of the lease contract. |
Tipo: Conference Paper or Presentation |
Palavras-chave: Agriculture; Dynamic programming; Land Economics/Use; Q15; Q21. |
Ano: 2005 |
URL: http://purl.umn.edu/24633 |
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Khan, Mohammad Ismail. |
In Bangladesh, climatic change is likely to impact significantly upon surface and groundwater availability, as well as in other countries. The population of Bangladesh is projected to be double the current 2010 level by 2050. Demand for water will rise with the increasing demand for rice. This paper considers the optimal demand management of irrigation water with stochastic supply under climate change for a 3-year planning horizon. It also identifies the utilization of irrigation water from surface water sources to maximize the expected net social return from rice production. This is done by considering decision on dam release for rice production with reference to climate change. A stochastic dynamic programming model is developed for analyzing the levels... |
Tipo: Conference Paper or Presentation |
Palavras-chave: Climate change; Dam release; Dynamic programming; Environmental Economics and Policy. |
Ano: 2011 |
URL: http://purl.umn.edu/100571 |
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Vosough Ahmadi, Bouda; Morgan, Colin A.; Stott, Alistair W.. |
Since decoupling of the CAP, many Scottish suckler cow farms are facing financial difficulties. In response, many farmers are out-wintering extensively managed suckler cows to minimise production costs. These systems are of animal welfare concern. A range of trade-offs between animal welfare indicators and between animal welfare and farm profitability can be identified. A Dynamic Programming (DP) model was developed to study these trade-offs. Two herds were modelled assuming their feeding regimes were either low (LHERD) or high (HHERD). The objective of the DP was to maximise the expected net margin from a current cow and its successors over an infinite time horizon. Preliminary results showed that the rate of voluntary culling was higher in HHERD than in... |
Tipo: Conference Paper or Presentation |
Palavras-chave: Beef cow; Economics; Dynamic programming; Animal welfare; Livestock Production/Industries. |
Ano: 2009 |
URL: http://purl.umn.edu/51078 |
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Registros recuperados: 33 | |
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