A stochastic computer simulation model is used to estimate disaster payments under the Agriculture and Consumer Protection Act of 1973. The model uses a random yield generator and actuarial techniques. Simulated payments under 1976 program parameters and stochastic yields are estimated at $300...

Measures of per capita dollar incomes seem, at first hand, to be a good simple first approximation to obtaining some idea of the differences that exist between farmers' living standards and those of nonfarmers at any one point in time. But unfortunately, the following factors, among others, make...

A number of possible geographic delineations can be used for areal allocation of population, income, employment, and other social and economic characteristics, in a rural developm~nt indicator system. This paper shows that estimates of statistical parameters vary for alternative geographic...

A multiregional econometric model evaluates the impacts of changes in monetary policy on economic development in metropolitan and nonmetropolitan parts of each of the four principal U S Census regions Regional variations in the adaptation to a change in national monetary policy depend on a...

".. . The concept of property never has been, is not, and never can be of definite content. The paradigm of a Sanskrit verb of a thousand forms could not approach in diversities the phases of that concept in any time and place. . . . Changing culture causes the law to speak with new imperatives,...

This study applies the logic of queuing thcory to the availability of hospital services in a ruraloriented. multicounty planning district in northwestern lower Michigan. The seven hospitals in the area had 611 beds and provided services for 489 patient-days in 1 year. The study found that the...

Development is traced of the concepts of consumer's and producer's surplus, and the uses and limitations of these concepts for public policy analysis are examined. The applications to price stabilization and policy programs are surveyed. The use of decision theory as an alternative to...