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The authors develop an expected utility model with heterogeneous individuals and apply some of the approaches developed in the energy literature to explicitly identify the public nature characteristics of susceptibility in a dynamic setting and to characterize the optimal intertemporal usage...
Persistent link: https://www.econbiz.de/10009443076
This paper reports a new set of estimates of the returns to swine research in Canada. These estimates were obtained using Agriculture and Agrifood Canada's Canadian Regional Agricultural Model (CRAM). Positive Mathematical Programming was incorporated into the model for use in this study. The...
Persistent link: https://www.econbiz.de/10009444917
A unique discrete choice experiment (DCE) is used to estimate the relative importance ofquality attributes to Australian beef consumers. In the DCE, consumers choose theirpreferred beef steaks from options varying in a large number of intrinsic (marbling and fattrim) and extrinsic/credence...
Persistent link: https://www.econbiz.de/10009446164
Includes cover page, journal info, contents page, and editorial information
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Operations Research / Management Science (OR/MS) can be described as the discipline of applying advanced analytical methods to help making better decisions and has been around in the agricultural and forestry management sectors since the fifties, approaching decision problems that range from...
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The economic surplus approach is used to estimate the returns to federal investments in dairy cattle research in Canada. A national supply function is estimated using time series data. Lagged research expenditures are included as explanatory variables in the model, facilitating the calculation...
Persistent link: https://www.econbiz.de/10010879456
A model to simulate the costs and returns of an individual dairy cow over 14 years under various assumptions of genetic potential, health status and management was developed especially to evaluate the effects of diseases that reduce production and reproduction efficiency and to evaluate...
Persistent link: https://www.econbiz.de/10010879552