Pannell Discussions

Ideas in economics, environment, agriculture, policy and more.

Month: December 2013

2 December, 20133 December, 2013 by David Pannell5 Min Reading

It is obvious that the budgets of our public environmental programs are small relative to the cost of fixing all of our environmental problems. If

427. Reviews of research on agricultural adoption

What drives or inhibits farmers in their decisions about adopting new farming practices? Many literature reviews have been published to summarise the wealth of research
426. Music “Option Value”

One of my joys is creating and recording music. Over the next year or so I’m going to share some of it – in the
425. World population beyond 2100

What will happen to the world population after it peaks later this century? If current trends in fertility continue, we’ll head into a period of
424. Risk aversion versus loss aversion, part 2
423. Risk aversion versus loss aversion, part 1
422. Risky farm decision making as a social process
421. Risk versus uncertainty
420. Systematic decision making under risk
419. Risk premium
418. Hedging to reduce crop price risk