These are a series of color slides and exercises for providing key elements of an Introduction to Benefit/Cost and Project Analysis. There are five parts or sections. Part 1 provides an Introduction to Compounding and Discounting. Part 2 outlines a method for determining project worth. Part 3...

The objective of this paper is to examine the responsiveness to price incentives of petroleum exploration, the generation of proven reserves and the production out of reserves in the United States. First, a theoretical framework of oil extraction and supply is developed. Next, an econometric...

In this article, we trace the historical development of analytical (quantitative) research techniques used in empirical agricultural economics research by examining the articles in volumes of the Journal of Farm Economics (JFE) and the American Journal of Agricultural Economics (AJAE) from its...

These are the notes from the departmental retirement seminar on computing technology employed in agricultural economics presented by Dr. Debertin in April, 2013. These notes and photographs describe the history of computing in agricultural economics over a period of over 40 years from 1969-2013.

This publication has been prepared as an aid for researchers and for teachers of advanced courses in production economics. Computer graphics is utilized as a highly adaptable tool for discovering shapes of agricultural production function surfaces. The first part of this publication presents...

In this article we illustrate the application of a new method, the Analytic Hierarchy Process (AHP), to a problem in farmer decision making. Unlike traditional decision tools, AHP is based on the principle that decision maker knowledge and experience are as valuable to the decision making...

The incidence of diseases and accidents that lead to death is not uniform throughout the U.S. but rather varies widely among different regions. This study uses county-level data on numbers and causes of death for the entire U.S. in an effort to link these causes of death to various county-level...

Much of the theory of the firm in product space is not nearly as well developed as the theory of the firm in factor space. For example, both general and agricultura1 economists have devoted considerable effort to developing functional forms representing production processes in factor space, but...

This paper investigates some applications of high-resolution, three­ dimensional PC-based computer graphics to research and education in agricultural production economics. Examples illustrate issues in the identification of stages of production for the multifactor case; special cases in which...