Future agricultural water demands are determined by employing forecasts from irrigated crop acreage models. Forecasts of prices and yields, and variances and covariances of crop returns are employed for forecasting crop acreage. Results provide insights into the value of rational expectations in...

The judiciary has relied on a firm's market share to evaluate the presence of monopoly power for a Sherman Act monopolization violation. However, an allegation that a firm's market share constitutes monopoly power may be refuted by evidence that there exists a contestable market. Contestable...

The elimination of methyl bromide (MeBr) has been a hot topic for policymakers for more than a decade. As a result, of the Montreal Protocol on Substances that Deplete the Ozone Layer, signatory nations began implementing guidelines aimed at reducing or eliminating a variety of toxic substances,...

Considering pest management in terms of a set of technology characteristics allows an investigation of various pest-management characteristics and how they relate to a total pest-management package. Employing restricted and unrestricted least squares in this investigation indicates the unique...

Student evaluation of teaching (SET) is employed as an aid in improving instruction and determining faculty teaching effectiveness. However, economic theory indicates the existence of externalities in SET scores that directly influence their interpretation. As a test of this existence, a...

Southeast drought conditions have accentuated the demand for irrigation in the face of restricted water supply. For allocating this supply, Georgia held an auction for withdrawing irrigated acreage. This auction withdrew 33,000 acres from irrigation, resulting in a physical estimate of a 399...

The production of excess on-farm manure is placing continuous pressures on dairy producers to meet or exceed standards for environmental regulations while maintaining profitability and competitiveness. Evaluation of the effects of recycling nutrients on the profitability of the whole farm...

Complexity of environmental programs is most apparent with information asymmetries, making the design of efficient mechanisms particularly challenging. As developed theoretically in this paper, a new regulatory capitalism paradigm mating voluntary agreements with environmental education can...

The hypothesis underlying this analysis is that in the presence of volatile gasoline prices competitive market forces will yield alternative, less volatile fuels as substitutes. A real-option pricing approach was employed for this analysis by modeling investment under uncertainty for the case of...