Organic Farming Scenarios: Operational Analysis and Costs of implementing Innovative Technologies

The objective of this study has been to design a number of farm scenarios representing future plausible and internally consistent organic farming enterprises based on milk, pig, and plant production and use these farm scenarios as the basis for the generation of generalised knowledge on labour and machinery input and costs. Also, an impact analysis and feasibility study of introducing innovative technologies into the organic production system has been invoked. The labour demand for the production farms ranged from 61 to 253hha1 and from 194 to 396hLU1 (LU is livestock units) for work in the animal houses. Model validation results showed that farm managerial tasks amount to 14–19% of the total labour requirement. The impact of introducing new technologies and work methods related to organic farming was evaluated using two innovative examples of weed control: a weeding robot and an integrated system for band steaming. While these technologies increased the capital investment required, the labour demand was reduced by 83–85% in sugar beet and 60% in carrots, which would improve profitability by 72–85% if fully utilised. Profitability is reduced, if automation efforts result in insufficient weed removal compared to manual weeding. Specifically, the benefit gained by robotic weeding was sensitive to the weed intensity and the initial price of the equipment, but a weeding efficiency of under 25% is required to make it unprofitable. This approach demonstrates the feasibility of applying and testing operational models in organic farming systems in the continued evaluation and documentation of labour and machinery inputs

Further Evidence on Hedge Funds Performance.

In this analysis we identify dynamic hedge fund strategies quantitatively pursuing a Principal Component Analysis following Fung and Hsieh (1997). We extract five dominant hedge fund strategies each representing similar investment styles and analyse the performance of each strategy by employing a multi-factor model comprising both market indices and passive option strategies along the lines of Agerwal and Naik (2000). We find that the majority of the five homogenous strategies show superior performance. However, correcting for survivorship bias this superior performance disappears.Hedge funds; Investment in securities; Performance; Dynamic strategies; Hedge funds performance;

Aspects of What Makes or Breaks a Museum AR Experience

The paper critically evaluates central aspects of an iPad AR application developed for a museum context. The application is designed for children aged 8 to 12 and mixes AR and mini-game elements to convey dramatized historical events. The game has been deployed for roughly 3 months and the findings in the paper are supported by extensive in-application activity logging. Actual usage of the application at the museum proved far less extensive than envisaged. Hypotheses for this finding are presented and discussed, with support from the logging data. © 2012 IEEE