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Economics

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Theses/Dissertations

Economics

Iowa State University

1993

Articles 1 - 8 of 8

Full-Text Articles in Life Sciences

Demand For Risky Foods And Food Safety , Kung-Cheng Lin Jan 1993

Demand For Risky Foods And Food Safety , Kung-Cheng Lin

Retrospective Theses and Dissertations

A demand for risky food model is constructed to study several aspects of food safety problems. On the basis of this proposed model, results are addressed in the following. First, when the food safety is exogenously fixed, an increase in the safety level of the risky food X[subscript]1 increases the demand for X[subscript]1 if X[subscript]1 is normal. However, when both goods are risky, a rise in the safety level of one good generally has an ambiguous effect on the demands. For the case where the safety level is endogenously chosen, the consumer will in ...


Applications Of Contingent Claims Theory To Microeconomic Problems , David A. Hennessy Jan 1993

Applications Of Contingent Claims Theory To Microeconomic Problems , David A. Hennessy

Retrospective Theses and Dissertations

In this thesis contingent claims techniques have been applied to various specifications of the economic problem of optimizing the expected value of a welfare function. In paper I we consider the relationship between financial market completeness, corn production, and the corn target price program. Using the observation that the program is similar to a government issued put option, we found that the per acre program benefit, at around 20/acre was quite large, that the program encourages producers to trade options, and that the existence of contingent markets facilitates the policy maker in decoupling agricultural support. In paper II we ...


Tradeoffs In Balancing Multiple Objectives Of An Integrated Agricultural Economic And Environmental System , P. G. Lakshminarayan Jan 1993

Tradeoffs In Balancing Multiple Objectives Of An Integrated Agricultural Economic And Environmental System , P. G. Lakshminarayan

Retrospective Theses and Dissertations

This research, which integrates the economic and environmental processes in a multiobjective framework to find comprehensive solution, is a departure from the traditional approach. The problem is motivated by multiattribute utility and social welfare theory, and the conditions for optimality are derived. Since agricultural nonpoint source pollution (NPS) pollution is a nonmarket externality, a motivation based on public policy and social costs is provided to include environmental quality decisions. A conceptual framework for integrating the multidisciplinary models is presented. The environmental data needs of the integrated system was obtained from spatially simulated predictions of the biogeophysical process model, a mathematical ...


The Impact Of Land Tenure On The Use Of Sustainable Agricultural Practices, Daniel M. Koster Jan 1993

The Impact Of Land Tenure On The Use Of Sustainable Agricultural Practices, Daniel M. Koster

Retrospective Theses and Dissertations

No abstract provided.


Risk Management Strategies And Iowa Farmers: A Logit Analysis Of The Use Of Federal Crop Insurance, Jana Pinkasova Jan 1993

Risk Management Strategies And Iowa Farmers: A Logit Analysis Of The Use Of Federal Crop Insurance, Jana Pinkasova

Retrospective Theses and Dissertations

No abstract provided.


The Political Economy Of International Agricultural Protection , Virender Gautam Jan 1993

The Political Economy Of International Agricultural Protection , Virender Gautam

Retrospective Theses and Dissertations

The purpose of this study has been to investigate some prominent determinants of agricultural protection across industrialized and developing countries. The hypotheses tested are that consumers' food security concerns and producers' pressure group characteristics play an eminent role in the determination of political market equilibrium in the agricultural sector. The methodology employed provides an integrated development of theoretical and empirical analysis;The comparative static results of the theoretical models are tested using the ordinary least squares, generalized least squares, pooled cross-section time-series, and Probit and Logit estimation techniques. The analysis includes data from 30 industrialized and developing countries for the ...


Environmental Pollution Control Under Alternative Incentive Structures , Ramu Govindasamy Jan 1993

Environmental Pollution Control Under Alternative Incentive Structures , Ramu Govindasamy

Retrospective Theses and Dissertations

The present study examines environmental pollution control under alternative incentive structures with an emphasis on the effectiveness and practicality of alternative policy tools. The focus is on three instruments for controlling pollution: (1) Environmental Bonds; (2) Budget Balancing Incentive Mechanisms; and (3) Environmental Rank Order Tournaments;Environmental bonds typically require more information for implementation than either budget balancing incentive mechanisms or rank order tournaments. However, there is a trade-off between the cost savings from acquiring information and the potential costs from committing an error in assigning pollution control responsibility;Paper I examines the limits to environmental bonds. It identifies three ...


Rationing In Agricultural Credit Markets: Evidence From Iowa Farm Operators, Gayatri C. Weerawardane Jan 1993

Rationing In Agricultural Credit Markets: Evidence From Iowa Farm Operators, Gayatri C. Weerawardane

Retrospective Theses and Dissertations

No abstract provided.