Data on net turnoff for small, medium-sized and large cow-calf and small and large size yearling ranches were tested for normality using the Shapiro - Wilk test. The yield data examined were accepted as normally distributed at the alpha = .10 level. The probability of profit for each type of...

For many international students who study agricultural economics in the United States, English is not their first language nor the language of academic instruction in their home country. This paper evaluates a program designed to permit international students with English deficiencies to begin...

This article develops a model to forecast monthly alfalfa hay prices before the first harvest. This is done by linking an annual model, which forecasts the initial May price, with a system of monthly equations that track the monthly seasonal price pattern, given the forecasted May price.

Individuals are widely believed to overstate their economic valuation of a good by a factor of two or three. This paper reports the results of a meta-analysis of hypothetical bias in 28 stated preference valuation studies that report monetary willingness-to-pay and that used the same mechanism...

Individuals are widely believed to overstate their economic valuation of a good by a factor of two or three. This paper reports the results of a meta-analysis of hypothetical bias in 28 stated preference valuation studies that report monetary willingness-to-pay and that used the same mechanism...

Although the contingent valuation method has been widely used to value a diverse array of nonmarket environmental and natural resource commodities, recent empirical evidence suggests it may not accurately estimate real economic values. The hypothetical nature of environmental valuation surveys...

The demand for electricity in the residential sector is estimated to have become less elastic for the recent period of rising real prices as compared to earlier periods of stable or falling real price. Several possible reasons for this are investigated and we conclude that demand appears to be...