Risk, risk aversion, and on-farm soil depletion

Article Abstract:

A risk-averse farmers' soil depletion and associated production options are examined in two models. Feasible conditions are found in each model where a reduced level of productivity-induced soil depletion can be due to a reduced production level resulting from reduced land risk and/or an increased amount of initial farmer wealth. The models used comprise a three-date model, where only the second period is uncertain, and a two-date model involving uncertainty in end-of-period land price and output.

Farm Labor and Management Services, Research, Agriculture, Risk assessment, Capital productivity, Soil conservation, Farm risks

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Diamonds are forever

Article Abstract:

Walnut Street Theater in Philadelphia, PA, is set to premiere 'Bart and Fay,' a play written by Michael Bamberger of 'Sports Illustrated.' 'Bart and Fay' is a tribute to the loving friendship that was shared by former baseball commissioner Bart Giamatti and his deputy Fay Vincent.

Officials and employees, Portrayals, Baseball, Friendship, Vincent, Fay, Giamatti, A. Bartlett

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Warning: construction zone

Article Abstract:

The completion of the International Space Station is somewhat assured with the construction of the space station's first component, the Node 1 module. Participants to the construction of the space station components reports that the construction is progressing as scheduled.

Design and construction, Space stations, Expandable space structures

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