1,087 research outputs found

    Cooperation and Cheating

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    In this article, we extend the variable delivery claim framework (Cross, Buccola, and Thomann, 2006) to examine the option-to-cheat, that is, the option to shift production between contracts ex post. We use this framework to provide a solution to the age-old conflict between enforcement and the cooperative tradition of providing a "home" for member produce. We show that, in contrast to Nourse's competitive yardstick hypothesis, the value of the cooperative-provided option increases as market competition intensifies. When the option-to-cheat is fairly-priced, it is Pareto improving, increasing grower returns, lowering cooperative per-unit costs and reducing contract shortfalls for investor-owned rivals at no additional per-unit cost. Our valuation framework is consistent with replication-based equilibria and is free from parametric specification of individual preference or firm cost structure.Marketing,

    Economic evaluation of the eradication program for bovine viral diarrhea in the Swiss dairy sector

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    The aim of this study was to conduct an economic evaluation of the BVD eradication program in the Swiss dairy sector. The situation before the start of the program (herd-level prevalence: 20%) served as a baseline scenario. Production models for three dairy farm types were used to estimate gross margins as well as net production losses and expenditures caused by BVD. The total economic benefit was estimated as the difference in disease costs between the baseline scenario and the implemented eradication program and was compared to the total eradication costs in a benefit-cost analysis. Data on the impact of BVD virus (BVDV) infection on animal health, fertility and production parameters were obtained empirically in a retrospective epidemiological case-control study in Swiss dairy herds and complemented by literature. Economic and additional production parameters were based on benchmarking data and published agricultural statistics. The eradication costs comprised the cumulative expenses for sampling and diagnostics. The economic model consisted of a stochastic simulation in @Risk for Excel with 20,000 iterations and was conducted for a time period of 14 years (2008–2021)

    An all speed second order well-balanced IMEX relaxation scheme for the Euler equations with gravity

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    We present an implicit-explicit well-balanced finite volume scheme for the Euler equations with a gravitational source term which is able to deal also with low Mach flows. To visualize the different scales we use the non-dimensionalized equations on which we apply a pressure splitting and a Suliciu relaxation. On the resulting model, we apply a splitting of the flux into a linear implicit and an non-linear explicit part that leads to a scale independent time-step. The explicit step consists of a Godunov type method based on an approximative Riemann solver where the source term is included in the flux formulation. We develop the method for a first order scheme and give an extension to second order. Both schemes are designed to be well-balanced, preserve the positivity of density and internal energy and have a scale independent diffusion. We give the low Mach limit equations for well-prepared data and show that the scheme is asymptotic preserving. These properties are numerically validated by various test cases

    Theoretical analysis of aliasing noises in cold atom Mach-Zehnder interferometers

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    We present a theoretical analysis of aliasing noises that might appear in cold atom Mach-Zehnder interferometers used for the measurement of various physical quantities. We focus more specifically on single cold atom gyroscopes. To evaluate the level of aliasing noises, we have developed a model based on the power spectral densities of the different identified noise sources as input parameters and which makes use of a servo-loop to realize a precise measurement of the rotation rate. The model allows one to take into account different modes of operation, like a continuous as well as a pulsed or even a multi-ball operation. For monokinetic atoms, we show that the intermodulation noise can be completely filtered out with a continuous mode of operation and an optimum modulation scheme for any modulation frequency but also with a pulsed operation however only for specific launching frequencies. In the case of a real continuous atomic beam having a velocity distribution, it comes out that a high attenuation can be reached which indicates clearly the potential stability improvement that can be expected from a continuous operatio

    AnAll Speed SecondOrder IMEXRelaxation Scheme for the Euler Equations

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    We present an implicit-explicit finite volume scheme for the Euler equations. We start from the non-dimensionalised Euler equations where we split the pressure in a slow and a fast acoustic part. We use a Suliciu type relaxation model which we split in an explicit part, solved using a Godunov-type scheme based on an approximate Riemann solver, and an implicit part where we solve an elliptic equation for the fast pressure. The relaxation source terms are treated projecting the solution on the equilibrium manifold. The proposed scheme is positivity preserving with respect to the density and internal energy and asymptotic preserving towards the incompressible Euler equations. For this first order scheme we give a second order extension which maintains the positivity property. We perform numerical experiments in 1D and 2D to show the applicability of the proposed splitting and give convergence results for the second order extension
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