Since 1970 nearly all-Mediterranean countries of the EC had undertaken measures to regulate their domestic market for ordinary wines, in the context of constant fall in domestic demand for that product. This paper provides an empirical modelling framework for understanding the effect on the...

Value-at-Risk (VaR) determines the probability of a portfolio of assets losing a certain amount in a given time period due to adverse market conditions with a particular level of confidence. Value-at-Risk has received considerable attention from financial economists and financial practitioners...

This work builds a macro model for livestock farming based on aggregation of initial micro description for rational control of total number of vintage livestock (age cohorts). All variety of animal kinds is reduced to one by given recount coefficients. An optimal problem on co-hort total number...

This paper presents new results of mathematical modeling of economy and environment interaction. A model of mutual interaction of livestock farming - one in a two main agricultural branches - and natural pastures that are the essential part of livestock farming forage reserve is proposed....

This paper presents new results of mathematical modeling of economy and environment interaction . A model of mutual interaction of livestock farming - one in a two main agricultural branches - and natural pastures that are the essential part of livestock farming forage reserve is proposed....

The paper provides a theory of interest rates determination in the informal credit market in backward agriculture highlighting the interactions between two informal sector lenders (a professional moneylender and a trader-interlocker) and explains the prevalence of different interest rates in the...

The paper provides a theory of interest rates determination in the informal credit market in backward agriculture highlighting the interactions between two informal sector lenders (a professional moneylender and a trader-interlocker) and explains the prevalence of different interest rates in the...

This paper discusses how migrant remittances (which are of large importance to many developing countries) can be used not only as a source of earnings, but also as a tool to generate low-cost finance (at terms better than those imposed by the country's sovereign rating). A concrete structured...

This work builds a macro model for livestock farming based on aggregation of initial micro description for rational control of total number of vintage livestock (age cohorts). Solution of an optimal problem on cohort total number of livestock gives the age limit for the operation of animals, the...

Most economists congregate on the idea that commodity price instability should be reduced. Since at least one century a variety of instruments have been designed to that end, without much success, especially for agricultural commodities. The failure might be a consequence of the fact that most...