Generalized Makeham’s formula and economic profitability
Insurance: Mathematics and Economics, 2013 Abstract This paper generalizes Makeham’s formula, allowing for varying interest rates and for a non-flat structure of valuation rates. An average interest rate (AIR) is introduced, as well as an average valuation rate (AVR), both of which exist and are unique for any asset.
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The Use of Weather Data and Evapotranspiration Requirements to Estimate the Marginal Value Product of Irrigation and the Profit Maximizing Irrigation Level for Corn in the Texas Panhandle [PDF]
The declining availability of irrigation water from the Ogallala aquifer combined with increasing energy costs make irrigation strategies much more critical. Maximizing yield reduces profit by between $22 and $158 per acre depending on the combination of
Almas, Lal K. +2 more
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Product differentiation in the fruit industry: Lessons from trademarked apples
Agribusiness, EarlyView.Abstract We derive price premiums for patented or trademarked apple varieties, also known as “club apples,” compared to open‐variety apples. We use an expansive retail scanner dataset, along with unique data on apple taste characteristics, to estimate monthly club apple premiums for 2008–2018.
Modhurima Dey Amin +3 more
wiley +1 more source
AN EXAMINATION OF THE EMPIRICAL PROPERTIES OF DUALITY BETWEEN THE RESTRICTED PROFIT, UNRESTRICTED PROFIT, AND PRODUCTION FUNCTIONS [PDF]
This research examines the empirical properties of duality theory. A comparison of the Hessian matrices calculated from the normalized unrestricted and restricted profit, and production functions indicate that duality is highly sensitive to measurement ...
Abdulkadri, Abdullahi O. +2 more
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Relationship-to-Profit : A Theory of Business, Markets, and Profit for Social Ecological Economics
, 2021 Jennifer Hinton
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The Modeling of Car Cost & Revenue and Best Profit in Manufacturer on Economics
, 2021 Run Xu, Jiaguang Liu
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Supply chain risk in grain trading: Inventories as real options for shipping grain
Agribusiness, EarlyView.Abstract Integrating trading and logistics is an important challenge in commodity trading. Trading and logistics are strategic decisions and are integral to most commodities including grain shipping by rail, in addition to other modes (barges, ocean shipping). There are substantial risks, such as the ordering and placement of rail cars.
William W. Wilson, Jesse Klebe
wiley +1 more source
Gender, poverty, and nonfarm employment in Ghana and Uganda [PDF]
The authors provide evidence that women's non-farm activities help reduce poverty in two economically and culturally different countries, Ghana and Uganda.
Canagarajah, Sudharshan +1 more
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Agribusiness, EarlyView.Abstract Packaging of fresh fruits and vegetables is standard in many grocery stores. This mixed methods study aims to identify the role packaging plays in consumer choice and what packaging material consumers prefer. We analyzed data from quantitative stated preference experiments with a quota sample of 485 consumers living in Germany.
Mira Lehberger +2 more
wiley +1 more source