D uring the past few decades, national security plays a central role in the process of economic development. Also, foreign investment and trade have rapidly increased worldwide and have enhanced economic growth in developing countries. Although foreign investment and trade bring huge economic benefits, many developing countries fear that by opening up markets to competition and forei...

From 1985 to 2002, most Federal conservation dollars going to farm operators have been to retire land from crop production. Yet most U.S. farmland (850 million acres) remains in active production. The Farm Security and Rural Investment (FSRI) Act of 2002 sharply increased conservation funding and earmarked most of the increase for working-land payment programs (WLPPs). The design and implementa...

This paper studies a new renewable energy investment model through crowdfunding, which is motivated by emerging community solar farms. In this paper we develop a sequential game theory model to capture the interactions among crowdfunders, the solar farm owner, and an electricity company who purchases renewable energy generated by the solar farm. By characterizing a unique subgame-perfect equili...

The MARORA model is used to evaluate the economics of investment in on-farm reservoirs in Arkansas under alternative land tenure arrangements. A declining groundwater supply coupled with a high percentage of rice-production area owned by absentee landowners makes investment decision-making on on-farm reservoirs an important issue for the sustainability of rice in Arkansas. The MARORA model is s...

A farmer’s choice to make an on-farm investment programme can be modelled as a discrete choice amongst finite alternatives. The idea of this paper is to test the possibility of using discrete choice models in the field of the evaluation of structural policies. Farmers choose to take part into agricultural programmes according to their preferences, and farm structural and economic characteristic...

In a pilot study, we employed a series of novel economic games to investigate the underexplored behavioral aspects of security investment decisions and security investment structure decisions (i.e., budgeting the security expenditure among different types of security measures). In our study, decision makers exhibited a bias toward investing in prevention even though investing in detection and r...

This paper studies a new renewable energy investment model through crowdfunding, which is motivated by emerging community solar farms. In this paper we develop a sequential game theory model to capture the interactions among crowdfunders, the solar farm owner, and an electricity company who purchases renewable energy generated by the solar farm in a multi-period framework. By characterizing a u...

Original scientific paper The determination of the optimal wind power integration capacity of a large-scale wind farm has become an important issue in power system operation and planning. Reasonable wind power integration capacity can improve the wind energy utilization and save investment for wind farm construction. This paper builds a mathematical model for determining wind farm optimal integ...

nonfarm activities play an important role in the determination of rural household income, consumption expenditure, and household food security. however, much less studies have been devoted to the factors that influence nonfarm income diversification by farm household in developing countries. using cross-sectional data and a probit model, this study attempts to determine the factors influencing ...

the paper determined optimum farm plan for food security among smallholder farmers in imo state, nigeria. data were collected with structured and validated questionnaire from 180 smallholder crops farmers in imo state. data were analyzed using descriptive statistics (mean, frequency distribution and percentages), budgetary analysis and linear programming model. results show that the mean age of...