This study examines the extent to which farming practices have adjusted to the presence of urbanization in Canada. In particular, we compare the adoption rates for environmental management systems (EMSs) by farmers close to urbanized areas versus those in more rural, isolated regions. Using...

A stochastic dynamic programming model is developed to determine optimal replacement intervals and depreciation schedules for a combine on a cash grain farm in north central Montana, where the optimal decision is based on the stochastic nature of winter wheat prices. Empirical results indicate...

This article examines farm operating risks and cash-rent determination through the use of the efficient set mathematics. The efficient set mathematics proves to be a pragmatic approach to characterizing operating risks, and the relationships between operating risks and cash-rent determination....

This study examines the effect of changes in production, management, and transaction costs on the change from vertically integrated units to small farmers selling to independent processors in the Sri Lankan tea sector. The results indicate the shift from "make" to "buy" has been affected by the...

The US hog and dairy sectors are increasingly shifting production toward western states away from more traditional production regions in the east. In contrast, production levels in the fed-cattle sector have increased over the last three decades only in the three main producing states. One...

This paper extends the linear stochastic frontier model proposed by D. J. Aigner, C. A. K. Lovell, and P. Schmidt (1977) to a semiparametric frontier model in which the functional form of the production frontier is unspecified and the distributions of the composite error terms are of known form....

While there appear to be costs to farmers of over-applying nitrogen, there is evidence in many regions that farmers are applying nitrogen at levels that exceed those suggested by government extension services. A major reason why farmers would apparently waste money by applying more fertilizer...

In an effort to stimulate a more exciting and entertaining style of play, the National Hockey Association (NHL) changed the rewards associated with the results of overtime games. Under the new rules, teams tied at the end of regulation both receive a single point regardless of the outcome in...