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The impact of the Milk Income Loss Contract (MILC) and Section 179 expensing on internal rate of returns (IRR) for three dairy systems, a 120-cow grazing, a 120-cow conventional, and 600-cow concentrated was evaluated. With MILC, the grazing and conventional systems had higher IRRs. Without...
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The National Institute on Disability and Rehabilitation Research (NIDRR), U.S. Department of Education, is the only federal agency mandated to improve the functional capabilities of people with disabilities. The application of technology is one means for addressing this mandate, so NIDRR...
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Existing models of agricultural decisionmaking based on economic optimization often fall short of capturing the complex dynamics of land-use choices at both individual parcel and watershed-level scales. The complexity arises from an interplay of several factors, as explained by Herbert Simon’s...
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Input-Output economic analysis, developed by Wassily Leontief, for which he won the Nobel Prize, continues to be an active area of research. Not only do academics find it a powerful tool in understanding how large-scale economiesDSespecially national economiesDSwork, but many governments...
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