We devise a decision tool to help economic researchers select a causal detection method compatible with real-world dynamics of an economic system under investigation. We apply it to test for dynamic causality between promotions and sales of a case-study beer brand in England. We find evidence...

Subsidized reclamation projects squander valuable capital and environmental resources by benefitting farmers far less than taxpayers pay. Yet, they have made a few irrigators suddenly wealthy. There are several different approaches that could make the system more efficient. One would involve...

Failure of economic models to anticipate the global financial crisis illustrates the need for modeling to better capture complex real-world dynamics. Conventional models—in which economic variables evolve toward equilibria or fluctuate about equilibria in response to exogenous random...

In ‘dissipative’ dynamical systems, variables evolve asymptotically toward low‐dimensional ‘attractors’ that define their dynamical properties. Unfortunately, real‐world dynamical systems are generally too complex for us to directly observe these attractors. Fortunately, there is a...

Binary logit analysis was used to identify the factors influencing adoption of Global Positioning System (GPS) guidance systems by cotton farmers in 11 Mid-south and Southeastern states. Results indicate that adoption was more likely by those who had already adopted other precision-farming...

The economic impact of red tide events were examined for three Southwest Florida waterfront restaurants. Daily gross sales from January 1996 through September were analyzed using a multiple regression time series model to examine whether the presence of a red tide, as measured within three and...

Precision Farming by Cotton Producers in Eleven Southern States: Results from the 2005 Southern Precision Farming Survey

Precision Farming by Cotton Producers in Six Southern States: Results from the 2001 Southern Precision Farming Survey