Policy recommendations from the 13th ICABR conference on the emerging bioeconomy

The International Consortium on Agricultural Biotechnology Research held its 13th annual conference in Ravello, Italy in June 2009. The theme of the conference was the bioeconomy,and this topic was addressed through research presentations from academia, government, and industry. Numerous presentations from developing countries highlighted the benefits of agricultural biotechnology in these nations. The broad range of presentations provided a wealth of insights, resulting in three policy recommendations regarding future funding, international regulation, and technology transfer

Real collars as alternative incentives for subsidizing energy facilities

YesWe suggest that real collars may be acceptable incentives for encouraging development of low (or no) carbon energy generating facilities as an alternative for high feed‐in‐tariffs. We provide novel analytical solutions for real collars and partial collars, plus floor and ceiling partial derivatives. The ‘gains/losses’ of the energy generator as perceived parameter values change are compared to those of the government providing the collar, and floor or ceiling only, viewing the arrangement as a real option game between principal and agent. A volatility increase first increases, then decreases the ‘gains’ of the generator

The deterministic and speculative component of the terms of trade of primary commodities: an eclectic real option value approach

This paper aims to study the dynamics of the long term price series of primary commodities, with special attention to agricultural ones. Based on a previous study of Scandizzo and Diakosavvas (1991), and by making use of the time series used by this study and subsequently updated by Grilli and Yang (1988) and by Pfaffenzeller et al. (2007), we analyze the evolution the of the primary and manufactured price series from 1900 to present

Early Warning System Potential for Single Sourcing Risk Mitigation

Part 17: Risk AnalysisInternational audienceNetwork governance is described as a framework of policies and business rules, which is applied to manage an extended organization. Nowadays, one of its main concerns is risk management (RM) and the operational risk mitigation is crucial to avoid disruptions, delays and quality fades. Single sourcing can be interesting to reduce economic costs enabling the product design but at the same time can synergize the above-mentioned risks. Traditional RM approach for sourcing risks is based on selecting reliable partners, sharing knowledge and creating standard procedures that need to be complied. But the development of sensing networks based on early-warning systems (EWS) based on performance metrics to support decisions will be a promising alternative