Evaluating Financial Support of Research Programs

Samuel H. Logan

American Journal of Agricultural Economics, 1964, vol. 46, issue 1, 188-199

Abstract: This study concerns the estimation of discounted, probable cost savings of undeveloped harvesting machinery as a means of determining the maximum financial support warranted for a particular research program. Production and cost standards for future mechanization are synthesized from engineering data. The probability of developing such machinery is estimated through use of the Pascal distribution for a population where variables can take on one of two values: success (1) or failure (0). The particular problem involved is development of mechanical harvesting for olives.

Date: 1964
References: Add references at CitEc
Citations: View citations in EconPapers (2)

Downloads: (external link)
http://hdl.handle.net/10.2307/1236483 (application/pdf)
Access to full text is restricted to subscribers.

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:oup:ajagec:v:46:y:1964:i:1:p:188-199.

Access Statistics for this article

American Journal of Agricultural Economics is currently edited by Madhu Khanna, Brian E. Roe, James Vercammen and JunJie Wu

More articles in American Journal of Agricultural Economics from Agricultural and Applied Economics Association Contact information at EDIRC.
Bibliographic data for series maintained by Oxford University Press ().