The myth of farmland loss

Article Abstract:

Many US states are adopting policies designed to limit urban sprawl and to protect farmland. These policies fail to recognize that farmland loss has actually been slowing down across the US since the 1960s. There has been a decline in the development of agricultural land even as the pace of urbanization has slowed down. It is now time for policymakers and policy analysts to consider whether farmland loss is sufficiently significant to justify interventions in the land market through growth-management regulations. It may prove unjustified to implement policies that rob farmers and individual rural landowners of individual economic choices.

Management, Rural development

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Species loss could be statistical shell game

Article Abstract:

Statistics about the rate of species extinction is based on guess work rather than scientific analysis and hence there is no justification for the implementation of expensive species protection programs. Advancements in seed banks and genetic engineering also diminished the need to keep species in their natural habitat. Ecologists feel that rate of species extinction is low and policy makers should take this aspect into account along with the economic implications in charting programs that aim to protect the species.

Analysis, Extinction (Biology)

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Game-theoretic framework for risk reduction decisions

Article Abstract:

Risk reduction strategies used in industry can be improved through the integration of game theory. Game theory enhances regulatory decisions by facilitating interactive decision making between two or more decision makers having conflicting aims. Regulators tasked to grant permits for industrial facility emissions and determine cleanup levels and remediation alternatives for media at contaminated sites stand to benefit the most from the game-theoretic framework.

Methods, Decision-making, Decision making, Usage, Risk management, Game theory

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