Through the use of low dosages chemical fertilizers and effective nutrient-corn genotypes that respond to bio-fertilizer type assignments, this study intends produce rather steady outcomes over course several growing seasons. Field tests for have been conducted at ATP Ministry Research Technology in South Sumatra. The experiment was run across two seasons: dry season (May through September 2011...

Abstract This article provides an empirical case study of the impacts COVID-19 pandemic on global beverage markets, particularly wine sector. Both international trade and domestic sales have been adversely affected by temporary shifts away from on-premise social distancing measures self-isolation that led to closure restaurants, bars, clubs, plus declines in travel tourism. Partly offsetting th...

We introduce an envelope condition method (ECM) for solving dynamic programming problems. The ECM method is simple to implement, dominates conventional value function iteration and is comparable in accuracy and cost to Carroll’s (2005) endogenous grid method.   : C6, C61, C63, C68   : Numerical dynamic programming; Value function iteration; Endogenous grid; Envelope cond...

Computation of exact equilibrium values for n-player divide-the-dollar legislative bargaining games as in Baron and Ferejohn (1989) with general quota voting rules, recognition probabilities, and discount factors, can be achieved by solving at most n bivariate square linear systems of equations. The approach recovers Eraslan’s (2002) uniqueness result and relies on a characterization of equilib...

This paper introduces assets for which the intrinsic value is endogenous to the amount of funding attracted. A Rational Expectations Equilibrium is developed. Additionally, simulations of the model based on bounded rationality explore the different market behavior under fundamental and momentum based investing strategies. Both strategies produce herding characteristics. The herding under the fu...

What are the consequences of making bids and offers in the book available to traders in a call market? This is a problem in market design. We employ a computational mechanism design methodology to attack this problem and find that allocative efficiencies are higher in a closed book design. We validate our computational approach by running a series of tests with human subjects in exactly the sam...

In this study, primary and immortalized bovine intestinal epithelial cells (BIECs) were characterized for the expression of surface carbohydrate moieties. Primary BIEC-c4 showed staining greater than 90 % 16 lectins but less 50 four lectins. Immortalized BIECs significantly different lectin binding profile few compared to cells. studied infectivity E. coli, Salmonella enterica, rotavirus, coron...

We present an agent-based model of a multi-tier energy market. We show how reward interdependence between strategic business units within a vertically integrated firm can increase its profits in oligopolistic energy markets. The effects are shown to be distinct from those of the raising rivals’ costs model. In our case, higher prices relate to the nature of energy markets, which facilitate the ...

This paper shows how to compute a second-order accurate solution of a non-linear rational expectation model using algorithms developed for the solution of linear rational expectation models. The result is a state-space representation for the realized values of the variables of the model. This state-space representation can easily be used to compute impulse responses as well as conditional and u...

In this paper, we study out-of-equilibrium dynamics with decentralized exchange (bilateral bargaining between randomly matched pairs of agents). We characterise the conditions under which out-of-equilibrium trading convergences to efficient allocations even when agents are myopic and have limited information and show, numerically, that the rate of convergence to efficient allocations is exponen...