Second Annual Conference on Agricultural Policy and the Environment; Proceedings of a Conference Sponsored by University of Minnesota, Center for International Food and Agricultural Policy; Agricultural Development Regional Agency (ESAV); University of Padova; Lake Itasca, Minnesota, September...

In this paper I advance a model in which institutional innovation is induced by changes in resource endowments, cultural endowments and technical change. I also introduce the role of advances in social science knowledge as a source of institutional innovation. The sources of institutional...

The main purpose of this paper is to analyze the welfare implications of stabilizing consumption and production and to compare it with the already-known welfare implications of stabilizing prices. Two sets of assumptions regarding supply behavior will be considered: (1) supply reacts...

Contents: Ten Years of Exchanges: University of Padova-Minnesota, by Ben Senauer; An Overview of the Report of the National Research Council's Committee on the Future of the Land Grant University Colleges of Agriculture, by G. Edward Schuh; Changes in U.S. Agricultural Research, Teaching, and...

This paper develops a model of traffic stops and subsequent searches in which police officers use information about the race of drivers to maximize a well defined objective. The model provides a behavioral foundation absent from Grogger and Ridgeway’s (2006) elegantly simple test and, by...

Spring Road Restrictions- the effect in Region 6E

Underreporting of income is a costly problem for the government and for those people who do pay their taxes, due to the necessity of higher tax burdens to sustain a given amount of revenue. An extensive research report published by the IRS this year estimates that in the United States in 2006...