Pasquale L Scandizzo's Books

Risky Agricultural Markets

Price Forecasting And The Need For Intervention Policies

By: Pasquale L Scandizzo,Peter B R Hazell,Jock Anderson

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Risky Agricultural Markets

Price Forecasting And The Need For Intervention Policies

By: Pasquale L Scandizzo,Peter B R Hazell,Jock Anderson

This book shows how decisions made by individual farmers influence the efficiency of agricultural markets. Unless farmers properly take account of the correlation between prices and yields in forming their price forecasts, competitive markets will often be socially inefficient, leading to misallocation of resources. The authors demonstrate that a simple and practical price forecasting rule, based on expected per unit revenue, is generally adequate to ensure efficient market behavior.Time-series data from various countries are used to test the hypothesis that market supply is influenced by the correlation of price and yield as well as by lagged market prices . The importance of market inefficiencies in risky situations is shown to, depend on the variability of yields, the nature of farmers'price forecasting behavior, the degree of private risk aversion,and the elasticity of demand. The authors suggest and evaluate three basic policy approaches governments may take when confronted with very inefficient markets--establishing production quotas, improving market information services, and implementing price stabilization schemes. They conclude by discussing implications of the study for the specification of agricultural supply models and for the economic appraisal of risky investment projects.

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Page Count

142

Publisher

CRC Press

Published Date

ISBN 10

1000238342

ISBN 13

9781000238341

The COVID-19 Disruption and the Global Health Challenge

By: Vincenzo Atella,Pasquale Lucio Scandizzo

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The COVID-19 Disruption and the Global Health Challenge

By: Vincenzo Atella,Pasquale Lucio Scandizzo

The COVID-19 Disruption and the Global Health Dilemma provides an historical accounting of the response to the COVID-19 pandemic through the eyes of the largest pubic health system in the United States, one that served the hardest hit neighborhoods in New York City. The book offers a roadmap to guide healthcare systems and their providers in the event of future pandemics. Readers will learn from healthcare providers at the epicenter of the pandemic in New York City about surge staffing and level loading, along with tips from the ED and ICUs on how to respond to an unprecedented influx of inpatients. - Clarifies the scientific knowledge around COVID-19 - Provides a multidisciplinary analysis involving biology, economics, epidemiology, medicine, and statistics relating to COVID-19 - Focuses on the need to invest and develop the bioeconomy as the basis of a new global and integrated health system, pulling together conservation, resource economics, and preventive and curative medicine

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