Scattertext: a Browser-Based Tool for Visualizing how Corpora Differ

Scattertext is an open source tool for visualizing linguistic variation between document categories in a language-independent way. The tool presents a scatterplot, where each axis corresponds to the rank-frequency a term occurs in a category of documents. Through a tie-breaking strategy, the tool is able to display thousands of visible term-representing points and find space to legibly label hundreds of them. Scattertext also lends itself to a query-based visualization of how the use of terms with similar embeddings differs between document categories, as well as a visualization for comparing the importance scores of bag-of-words features to univariate metrics.Comment: ACL 2017 Demos. 6 pages, 5 figures. See the Githup repo https://github.com/JasonKessler/scattertext for source code and documentatio

Health, Wealth and Workforce Exit: Disability Insurance and Individual Accounts

Current debate on the Social Security Administrations long-term finance of benefits includes proposals for independent private investment via individual accounts. The author first investigates what implications disability might have for equity savings account balances. In light of results, incentives to exit the workforce ahead of retirement age are considered when a defined benefit program for disability insurance continues to be available. Included simulation uses historic wage series, equity market performance, and current OASDI regulations for cohorts retiring over the period of 1929 - 2003.Seligman, SSA, individual, accounts

Farmers’ Willingness to Grow Switchgrass as a Cellulosic Bioenergy Crop: A Stated Choice Approach

Farmers’ Willingness to Grow Switchgrass as a Cellulosic Bioenergy Crop: A Stated Choice Approach Agriculture’s role as a source of feedstocks in a potential lignocellulosic-based biofuel industry is a critical economic issue. Several studies have assessed the technical feasibility of producing bioenergy crops on agricultural lands. However, few of these studies have assessed farmers’ willingness to produce or supply bioenergy crops or crop residues. Biomass markets for bioenergy crops do not exist, and developing these markets may take several years. Therefore, an important, yet unaddressed question is under what contractual or pricing arrangements farmers will grow biomass for bioenergy in these nascent markets. The purpose of this paper is to examine farmers’ willingness to produce switchgrass under alternative contractual, pricing, and harvesting arrangements. Contracts are likely to be the preferred method to bring together producers and processors of biomass for bioenergy. Contract design may vary across farmers and crop type, and may include attributes specific to annual crops, contract length, quantity or acreage requirements, quality specifications, payment dates, and other important features. A stated choice survey was administered in three, six-county areas of Kansas by Kansas State University and the USDA, National Agricultural Statistics Service from November 2010 to January 2011 to assess farmers’ willingness to produce cellulosic biomass under different contractual arrangements. This paper focuses on the switchgrass stated choice experiment from the survey. The stated choice experiment asked farmers to rank their preferred contractual arrangement from two contract options and one “do not adopt” option. Contractual attributes included percentage net returns above the next best alternative (e.g. CRP or hay production), contract length, a custom harvest option, insurance availability, and a seed-cost share option. Respondents then ranked their preferred contract option. The survey also collected data on farm characteristics, bioenergy crop preferences, socio-economic demographics, risk preferences, and marketing behavior. The survey used a stratified sample of farmers who farm more than 260 acres and grow corn. A total of 460 surveys were administered with a 65 percent completion rate. The underlying theoretical model uses the random utility model (RUM) approach to assess farmers’ willingness to grow switchgrass for bioenergy and determine the contractual attributes most likely to increase the likelihood of adoption. This framework allows us to define the “price,” or farmers’ mean willingness to accept, for harvested biomass sold to an intermediate processor. The estimated choice models follow the approach of Boxall and Adamowicz (2002) to capture heterogeneity across farmers and geographic regions due to management differences, conservation practices, and risk preferences. Using the percentage net return above CRP or hay production allows prices to float to levels that will entice farmers to adopt switchgrass. This will help determine a market price for bioenergy crops based on current market and production conditions without specifying an exact monetary value for the biomass. In addition, the survey results will facilitate contract designs between biorefineries and farmers while informing policymakers and the biofuel industry about farmers’ willingness to supply biomass for bioenergy production. Reference: Boxall, P.C. and W.L. Adamowicz, “Understanding Heterogeneous Preferences in Random Utility Models: A Latent Class Approach,” Environmental and Resource Economics 23(2002): 421 – 446.Biofuels, Cellulosic, Biomass, Switchgrass, Farmers, Willingness to Pay, Crop Production/Industries, Production Economics, Resource /Energy Economics and Policy,

Farmers' Willingness to Grow Cover Crops: Examining the Economic Factors of Adoption in Alabama

The inclusion of cover crops in cropping systems brings both direct and indirect costs and benefits. The literature has shown that cover crops can improve soil conservation and productivity, potentially improving cash crop yields and decreasing cash crop production costs. Farmers will adopt cover crops if the net economic benefit of utilizing them is positive. This study examines farmers’ willingness to grow cover crops as a soil conservation practice and to examine the socio-economic factors affecting their decision. Survey data collected in 2007-8 from Alabama farmers about cover crop adoption and management is utilized to estimate a cover crop adoption model.cover crops, conservation, adoption, generalized ordered logit, Crop Production/Industries, Environmental Economics and Policy, Farm Management, Land Economics/Use, Production Economics,

M2M modelling of the Galactic disc via PRIMAL: Fitting to Gaia Error Added Data

We have adapted our made-to-measure (M2M) algorithm PRIMAL to use mock Milky Way like data constructed from an N-body barred galaxy with a boxy bulge in a known dark matter potential. We use M0 giant stars as tracers, with the expected error of the ESA space astrometry mission Gaia. We demonstrate the process of constructing mock Gaia data from an N-body model, including the conversion of a galactocentric Cartesian coordinate N-body model into equatorial coordinates and how to add error to it for a single stellar type. We then describe the modifications made to PRIMAL to work with observational error. This paper demonstrates that PRIMAL can recover the radial profiles of the surface density, radial velocity dispersion, vertical velocity dispersion and mean rotational velocity of the target disc, along with the pattern speed of the bar, to a reasonable degree of accuracy despite the lack of accurate target data. We also construct mock data which take into account dust extinction and show that PRIMAL recovers the structure and kinematics of the disc reasonably well. In other words, the expected accuracy of the Gaia data is good enough for PRIMAL to recover these global properties of the disc, at least in a simplified condition, as used in this paper.Comment: 16 pages, 10 figures, submitted to MNRAS 17th Dec 2013, accepted 30th June 201