Life Sciences Commons^™

2015–2016 Kentucky Agricultural Economic Situation And Outlook, Kenneth H. Burdine, Todd Davis, Timothy A. Woods, William M. Snell, Lee Meyer, Jeffrey W. Stringer

Agricultural Situation and Outlook

No abstract provided.

Neural Correlates Of Decision-Making Under Ambiguity And Conflict, Helen Pushkarskaya, Michael Smithson, Jane E. Joseph, Christine R. Corbly, Ifat Levy

Agricultural Economics Faculty Publications

HIGHLIGHTS

• We use a simple gambles design in an fMRI study to compare two conditions: ambiguity and conflict.

• Participants were more conflict averse than ambiguity averse.

• Ambiguity aversion did not correlate with conflict aversion.

• Activation in the medial prefrontal cortex correlated with ambiguity level and ambiguity aversion.

• Activation in the ventral striatum correlated with conflict level and conflict aversion.

Studies of decision making under uncertainty generally focus on imprecise information about outcome probabilities (“ambiguity”). It is not clear, however, whether conflicting information about outcome probabilities affects decision making in the same manner as ambiguity does. …

Dzuds, Droughts, And Livestock Mortality In Mongolia, Mukund Palat Rao, Nicole K. Davi, Rosanne D. D'Arrigo, Jerry Skees, Baatarbileg Nachin, Caroline Leland, Bradfield Lyon, Shih-Yu Wang, Oyunsanaa Byambasuren

Agricultural Economics Faculty Publications

Recent incidences of mass livestock mortality, known as dzud, have called into question the sustainability of pastoral nomadic herding, the cornerstone of Mongolian culture. A total of 20 million head of livestock perished in the mortality events of 2000–2002, and 2009–2010. To mitigate the effects of such events on the lives of herders, international agencies such as the World Bank are taking increasing interest in developing tailored market-based solutions like index-insurance. Their ultimate success depends on understanding the historical context and underlying causes of mortality. In this paper we examine mortality in 21 Mongolian aimags (provinces) between 1955 and 2013 …

Supplemental Spreadsheets, Powerpoint Files And Other Class Materials, David L. Debertin

Agricultural Economics Textbook Gallery

This publication contains a series of links containing spreadsheets, PowerPoints and other materials that should be useful for students and instructors using the books, Agricultural Production Economics (Second Edition); Applied Microeconomics: Consumption, Production and Markets; and Economics of Food and Agriculture (Third Edition). Links for free pdf downloads of the books as well as sources for print copies are also included.

Wine Company Analysis In “The New World” And “The Old World”, Jiaji Liang

Theses and Dissertations--Agricultural Economics

There is a growing global market for wine. In our research, we mainly examine wine companies from four countries: France, Italy, the U.S. and China. Data used in this analysis comes from the 2010 to 2013 Plimsoll Top 500 report, focusing on wine companies’ financial performance. The primary goal is to identify which factors may have significant influence on the firms’ profitability. Two-way fixed effects panel data analysis indicates that the firm’s shareholders’ funds in total asset have significant and positive effect on companies’ yearly profit. The results suggest that four years could be a reasonable period for most wine …

A Conjoint Analysis Study Of Preferences And Purchasing Behavior Of Potential Adopters Of The Bureau Of Land Management Wild Horses, Omotoyosi O. Adekunle

Theses and Dissertations--Agricultural Economics

This study uses conjoint analysis to examine the preferences of buyers for Bureau of Land Management (BLM) wild horses based on physical attributes of wild horses and individual characteristics of the buyers. Generalized ordered logit models and multinomial logit models are used to study the impact of the buyers’ demographic characteristics such as age, gender, knowledge about wild horse care, and number of wild horses previously adopted on physical attributes of the horses such as color, age, height, training status, temperament, conformation, and unique markings. Using a choice experiment, taken together, these attributes determine buyer’s preferences for a wild horse. …

The Effects Of Economic Conditions On The Sport Horse Industry In Kentucky And Nationally, Elizabeth Lampert

Lewis Honors College Capstone Collection

The horse industry in Kentucky is larger than thoroughbreds and racing. Competing sport horses is an increasingly popular form of riding and showing in the bluegrass and nationwide. Sport horse disciplines include dressage, eventing, and hunter-jumper horses. In Kentucky, sport horse enthusiasts are fortunate enough to be near the Kentucky Horse Park, a park known worldwide for its shows and courses. In 2010, the park hosted the World Equestrian Games, marking the first time that the World Equestrian Games had been held outside of Europe. Focusing mainly on the bluegrass and the nation as a whole, the effects of the …