Introduction Measures of farm diversification Data and model specification Econometric results Discussion Summary and conclusions Acknowledgements References Appendix Abstract. Farm planning often focuses on optimal diversification with respect to risk, where the riskmanagement strategies combine production, marketing, financial and environmental aspects of the farmfirm. In this study an empiri...

Large wind farms require modeling and simulation in their planning and construction process to provide a basis for grid planning. As a large wind farm is comprised of hundreds or even thousands of wind generators, the detailed-model building of wind farms is difficult, which are associated with slow simulation speeds and heavy workloads. In this paper, an improved K-means algorithm-based aggreg...

A multiple of stakeholder goals, regarding natural resource utilisation, are integrated into an overall provincial strategic forest and fisheries utilisation decision support system providing a platform for defining tactical forest planning objectives within a 10-year planning horizon. The case study area is a 5362 ha mangrove forest enterprise, divided into a buffer zone and a full protection ...

Executive pay disparity, as measured by chief executive officer (CEO) pay slice (CPS), is positively associated with the implied cost of equity, even after controlling for other determinants of the cost of equity. The difference in the cost of equity can explain 43% of the difference in the valuation effect attributable to CPS reported by Bebchuk, Cremers, and Peyer (2011). Further analysis sho...