Pannell Discussions

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

Economics

7 June, 200426 December, 2011 by David Pannell3 Min Reading

Some people seem to think that a good use of economists is to estimate “the cost of” things. Particularly in the realm of environmental impacts

413. Diversification to reduce risk

Diversification is one of the most effective and widely used ways to reduce risk. There are many opportunities to diversify in agriculture. Diversification means doing
412. Risk aversion and fertiliser decisions

This Pannell Discussions is about risk aversion and its influence on strategic decisions about the optimal rate of a fertiliser to apply, particularly nitrogen fertiliser.
411. Benefit-Cost Analysis decision criteria

The question of whether to use Benefit: Cost Ratio or Net Present Value or Internal Rate of Return is “a world of confusion,” because textbooks
410. Strategic decisions, tactical decisions and risk
409. Farmers’ risk preferences
408. Farmers’ risk perceptions
407. Memorising Pi
406. Risk means probability distributions
405. Risk in Australian grain farming
404. Vegetation on urban roadside verges