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Registros recuperados: 45 | |
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Freebairn, John W.; Rausser, Gordon C.. |
A least squares estimator for utilizing forthcoming information to update or revise estimates of the parameters of an econometric model is derived, some properties of the updated estimates are discussed, and an illustrative application is provided. The forthcoming information includes new sample observations and a priori probabilistic information about changes, if any, occurring in the parameters of the estimated model over time. Recursive formulae for sequential updating of the parameter estimates are derived. The procedure is used to update estimates of the parameters of an equation describing annual net changes in the inventory of Australian beef cows. |
Tipo: Journal Article |
Palavras-chave: Livestock Production/Industries. |
Ano: 1974 |
URL: http://purl.umn.edu/9635 |
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Rausser, Gordon C.; Simon, Leo K.. |
This paper extends the Stahl-Rubinstein model of bilateral bargaining to incorporate many players and multidimensional issue spaces. A central feature of our framework is that in each round of negotiations, a proposer is selected randomly. Our bargaining model consists of a sequence of finite-horizon games, in which the horizon increases without bound. A solution to our model is a limit of equilibrium outcomes for the finite horizon games. A necessary condition for existence of a deterministic solution is that the limit outcome belongs to the core of the underlying bargaining problem. Solutions, if they exist, are generically unique. Two sets of sufficiency conditions for existence are presented. The paper concludes with examples and applications. In... |
Tipo: Working or Discussion Paper |
Palavras-chave: Research Methods/ Statistical Methods. |
Ano: 1992 |
URL: http://purl.umn.edu/7198 |
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Farja, Yanay; Rausser, Gordon C.. |
The impressive growth in land conservation by the private sector, primarily by land trusts, has resulted from a number of policies that subsidize such activity. These include federal income and estate tax benefits, and state income and property tax benefits. We model the equilibrium in the private land conservation market and the social welfare maximization problem of the government. We estimate the supply of conservation easements in the San Francisco Bay Area counties. Our results show that conservation easements are own price inelastic, but nevertheless are sensitive to the opportunity cost of land. For a simultaneous equation model, the spillover effect of easements on the value of other properties is found to be positive and significant. A possible... |
Tipo: Conference Paper or Presentation |
Palavras-chave: Land Economics/Use. |
Ano: 2007 |
URL: http://purl.umn.edu/9892 |
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Baylis, Katherine R.; Casamatta, Georges; Peplow, Stephen; Rausser, Gordon C.; Simon, Leo K.. |
The EU has argued that some agricultural subsidies are needed to provide the optimal amount of externalities (both positive and negative) produced by agriculture. The argument is that agriculture is "multifunctional" and externalities such as rural development and landscape would be underproduced, while some forms of pollution (such as nitrogen runoff) would be overproduced without government intervention. Meanwhile, the United States has raised the concern that multifunctionality is primarily an argument to transfer income to producers. In this paper, we discuss the motivation for the EU agri-environmental measures and empirically test for those underlying causes. We find that the programs are not targeted at those regions with the highest... |
Tipo: Conference Paper or Presentation |
Palavras-chave: Environmental Economics and Policy. |
Ano: 2005 |
URL: http://purl.umn.edu/19297 |
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McCluskey, Jill J.; Rausser, Gordon C.. |
Recent rangeland reform attempts have increased ranchers' uncertainty of retaining grazing permits on federal land. This uncertainty is analyzed with a model of grazing on federal land. Ranchers facing this uncertainty will behave differently than if they were guaranteed the renewal of grazing permits at constant real grazing fees. It is shown that the socially optimal outcome may be achieved by adding avoidable risk through targeted rangeland reform. Rangeland reform attempts that create unavoidable risk can make both ranchers and environmental groups worse off. |
Tipo: Journal Article |
Palavras-chave: Agricultural and Food Policy. |
Ano: 1999 |
URL: http://purl.umn.edu/30875 |
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Registros recuperados: 45 | |
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