Abstract Currently Unavailable.

This report looks at basic characteristics of business ownership for minorities in Iowa and in the U.S.

Abstract Currently Unavailable.

In this paper we examine the performance of nested logit models in the face of two specification errors. The first specification error arises when a nested logit model is appropriate, but the wrong nesting structure is chosen. The second specification error occurs when the underlying stochastic...

In this paper we examine the performance of nested logit models in the face of two specification errors. The first specification error arises when a nested logit model is appropriate, but the wrong nesting structure is chosen. The second specification error occurs when the underlying stochastic...

Abstract Currently Unavailable.

We show that a bargaining game of alternating offers with exogenous risk of breakdown and played by dynamically consistent non-expected utility maximizers is formally equivalent to Rubinstein's (1982) game with time preference. Within this game, the behavior of dynamically consistent players is...

A quadratic programming model was formulated to estimate diesel fuel demand by a representative risk averse crop producer. Data to estimate the demand function were obtained by varying energy prices, crop prices, and degree of risk aversion. Diesel fuel demand was not very responsive to energy...

Abstract Currently Unavailable.

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