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Operations Research, Systems Engineering and Industrial Engineering Commons

Open Access. Powered by Scholars. Published by Universities.®

Economics

UMR-MEC Conference on Energy / UMR-DNR Conference on Energy

Series

Articles 1 - 2 of 2

Full-Text Articles in Operations Research, Systems Engineering and Industrial Engineering

Economics And Net Energy Analysis: Is A New Analytical Technique Needed For Energy Decision Making?, William J. Kruvant Oct 1977

Economics And Net Energy Analysis: Is A New Analytical Technique Needed For Energy Decision Making?, William J. Kruvant

UMR-MEC Conference on Energy / UMR-DNR Conference on Energy

The paper attempts to evaluate the claims of Net Energy Analysis (NEA) against those of economics in a reasonably comprehensive way. The principal problems of NEA concern system boundaries, aggregation across fuels, valuing external effects, valuing human labor and valuing time. These problems seriously limit the contribution Net Energy Analysis can make to allocation decisions, and allocation Is the central problem of energy policy.


The Impact Of Changing Net Returns On Minimum Energy Requirements For Grain Farms, James B. Kliebenstein, Robert M. Finley, Douglas C. Farthing Oct 1977

The Impact Of Changing Net Returns On Minimum Energy Requirements For Grain Farms, James B. Kliebenstein, Robert M. Finley, Douglas C. Farthing

UMR-MEC Conference on Energy / UMR-DNR Conference on Energy

With sources of energy more restricted and higher priced, optimal combinations of enterprises must logically be considered on the basis of energy efficiency. One method of ascertaining this efficiency is to optimize solutions for given levels of income on the basis of energy used (e.g., the objective function was in terms of energy kilocalories). In general, soybeans were most feasible at lower levels of income regardless of farm size and labor circumstance. As income levels increased, double-cropping (wheat soybeans) was first substituted and finally corn at highest income levels.