Are Our Agricultural Risk Management Tools Adequate for a New Era?

risk, commodity programs, insurance, Agricultural Finance, Risk and Uncertainty, D80, G11, Q18,

A computer scientist looks at game theory

I consider issues in distributed computation that should be of relevance to game theory. In particular, I focus on (a) representing knowledge and uncertainty, (b) dealing with failures, and (c) specification of mechanisms.Comment: To appear, Games and Economic Behavior. JEL classification numbers: D80, D8

Addressing the Grid-size Sensitivity Issue in Large-eddy Simulations of Stable Boundary Layers

In this study, we have identified certain fundamental limitations of a mixing length parameterization used in a popular turbulent kinetic energy-based subgrid-scale model. Replacing this parameterization with a more physically realistic one significantly improves the overall quality of the large-eddy simulations (LESs) of stable boundary layers. For the range of grid sizes considered here (specifically, 1 m -- 12.5 m), the revision dramatically reduces the grid-size sensitivity of the simulations. Most importantly, the revised scheme allows us to reliably estimate the first- and second-order statistics of a well-known LES intercomparison case, even with a coarse grid-size of O(10 m)

The tilt of the Fundamental Plane of Early-type galaxies: wavelength dependence

The photometric parameters R_e and mu_e of 74 early-type (E+S0+S0a) galaxies in the Coma cluster are derived for the first time in the near IR H band. These are used, coupled with measurements of the central velocity dispersion found in the literature, to determine the H band Fundamental Plane (FP) relation of this cluster. The same procedure is applied to previously available photometric data in the B, V, r, I, and K bands, to perform a multi-wavelength study of the FP. Because systematic uncertainties in the value of the FP parameters are introduced both by the choice of the fitting algorithm, and by the presence of statistical biases connected with the sample selection procedure, we emphasize the importance of deriving the FP parameters in the six photometric bands using an identical fitting algorithm, and appropriate corrections to eliminate the effects of sample incompleteness. We find that the FP mu_e coefficient is stable with wavelength, while the sigma coefficient increases significantly with increasing wavelength, in agreement with an earlier result presented by Pahre & Djorgovski. The slope of the FP relation, although changing with wavelength, never approaches the virial theorem expectation. We also find that the magnitude of the slope change can be entirely explained by the presence of the well known relation between color and magnitude among early-type galaxies. We conclude that the tilt of the Fundamental Plane is significant, and must be due to some form of broken homology among early-type galaxies, while its wavelength dependence derives from whatever mechanism (currently the preferred one is the existence of a mass-metal content sequence) produces the color-magnitude relation in those galaxies.Comment: 8 pages, 7 figures, 6 tables; table 3 should be printed in landscape mode, and inserted into the text. Accepted for publication in MNRA

PROM Khad an efficient source of P to replace the costly chemical Phosphatic Fertilizer

The subsidy on phosphate fertilizers rose to an unacceptable level while alternate cost effective technologies are available. Fertilizer industry needs to develop innovative products using the recent advances in the agricultural sciences. Manure producing industries to be supplied rock phosphate mineral (at subsidized costs) as being supplied to chemical fertilizers industries suitable to produce PROM Khad (Phosphate Rich Organic Manure)

Evolution since z = 0.5 of the Morphology-Density relation for Clusters of Galaxies

Using traditional morphological classifications of galaxies in 10 intermediate-redshift (z~0.5) clusters observed with WFPC-2 on the Hubble Space Telescope, we derive relations between morphology and local galaxy density similar to that found by Dressler for low-redshift clusters. Taken collectively, the `morphology-density' relationship, M-D, for these more distant, presumably younger clusters is qualitatively similar to that found for the local sample, but a detailed comparison shows two substantial differences: (1) For the clusters in our sample, the M-D relation is strong in centrally concentrated ``regular'' clusters, those with a strong correlation of radius and surface density, but nearly absent for clusters that are less concentrated and irregular, in contrast to the situation for low redshift clusters where a strong relation has been found for both. (2) In every cluster the fraction of elliptical galaxies is as large or larger than in low-redshift clusters, but the S0 fraction is 2-3 times smaller, with a proportional increase of the spiral fraction. Straightforward, though probably not unique, interpretations of these observations are (1) morphological segregation proceeds hierarchically, affecting richer, denser groups of galaxies earlier, and (2) the formation of elliptical galaxies predates the formation of rich clusters, and occurs instead in the loose-group phase or even earlier, but S0's are generated in large numbers only after cluster virialization.Comment: 35 pages, 19 figures, uses psfig. Accepted for publication in Ap