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Fisher market is an economic model attributed to Irving Fisher. It has the following ingredients: [ 1 ] A set of m {\displaystyle m} divisible products with pre-specified supplies (usually normalized such that the supply of each good is 1).
The Livestock Mandatory Reporting Act of 1999 (Title IX of the FY2000 USDA appropriations act (P.L. 106-78)) requires large packers and importers to report to USDA the details of all transactions involving purchases of livestock and imported boxed lamb cuts, and the details of all transactions involving domestic and export sales of boxed beef cuts, sales of domestic and imported boxed lamb ...
There are various kinds of markets, such as Fisher market and Arrow–Debreu market, with divisible or indivisible resources. The required output is a competitive equilibrium , consisting of a price-vector (a price for each resource), and an allocation (a resource-bundle for each agent), such that each agent gets the best bundle possible (for ...
It uses between 20 and 33% of the world's fresh water, [81] Livestock, and the production of feed for them, occupy about a third of the Earth's ice-free land. [82] Livestock production contributes to species extinction, desertification, [83] and habitat destruction. [84] and is the primary driver of the Holocene extinction.
Live cattle is a type of futures contract that can be used to hedge and to speculate on fed cattle prices. Cattle producers, feedlot operators, and merchant exporters can hedge future selling prices for cattle through trading live cattle futures, and such trading is a common part of a producer's price risk management program. [1]
Livestock's Long Shadow: Environmental Issues and Options is a United Nations report, released by the Food and Agriculture Organization (FAO) of the United Nations on 29 November 2006, [1] that "aims to assess the full impact of the livestock sector on environmental problems, along with potential technical and policy approaches to mitigation". [1]
Feed conversion ratio (FCR) is the ratio of inputs to outputs; it is the inverse of "feed efficiency" which is the ratio of outputs to inputs. [2] FCR is widely used in hog and poultry production, while FE is used more commonly with cattle. [2]
Fisher's factorization theorem or factorization criterion provides a convenient characterization of a sufficient statistic. If the probability density function is ƒ θ ( x ), then T is sufficient for θ if and only if nonnegative functions g and h can be found such that