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Record W2556870513 · doi:10.1111/cjag.12121

A Spatial Real Options Approach for Modeling Land Use Change: Assessing the Potential for Poplar Energy Plantations in Alberta

2016· article· en· W2556870513 on OpenAlexafffundvenueabout
Grant Hauer, Martin K. Luckert, Denys Yemshanov

Bibliographic record

VenueCanadian Journal of Agricultural Economics/Revue canadienne d agroeconomie · 2016
Typearticle
Languageen
FieldEconomics, Econometrics and Finance
TopicCapital Investment and Risk Analysis
Canadian institutionsNatural Resources CanadaCanadian Forest ServiceUniversity of Alberta
FundersAlberta Innovates Bio SolutionsGenome British ColumbiaGenome Canada
KeywordsForestryLand use, land-use change and forestryLand useHumanitiesEconomicsGeographyAgricultureWelfare economicsEngineeringPhilosophyArchaeology

Abstract

fetched live from OpenAlex

Land use change models based on historical behavior have proven useful in predicting and understanding determinants of change. Such approaches are not possible where land use change data are absent. In this paper, we develop a normative spatial model that considers option values associated with land conversion between agriculture and forestry and their differing time scales. The model is applied in a case study regarding the potential for a cellulosic biofuel industry in Alberta. Results indicate the importance of future patterns of prices in influencing decisions to switch from agriculture to bioenergy production, and suggest that cellulosic plantations are not likely to prevail over agricultural land uses. Les modèles de changement d'affectation des terres basés sur les comportements historiques se sont avérés utiles pour la prédiction et la compréhension des facteurs de changements. Ces approches sont impossibles là où les données concernant les changements d'affectation des terres sont absentes. Cet article présente un modèle normatif spatial qui tient compte des valeurs d'option associées à la conversion des terres agricoles en terres forestières et à leurs différentes échelles de temps. L'application du modèle se fait dans une étude de cas au sujet du potentiel pour une industrie du biocarburant cellulosique en Alberta. Les résultats montrent l'importance de l'influence des futures structures de prix sur le choix de passer de l'agriculture à la production de bioénergie, et suggèrent que les plantations cellulosiques ne l'emporteront pas sur les affectations agricoles des terres.

Fetched live from OpenAlex and de-inverted. Abstracts are not stored in this database: the inverted indexes are 8.6 GB of the frame’s 9.3 GB of text, and the host has 13 GB free.

How this classification was reachedexpand

Full frame distilled prediction

Teacher imitation

Not calibrated prevalence, not ground truth. Human validation pending. Learned from the 10,348 direct Codex labels and 10,348 direct Gemma labels. Candidate is the union of thresholded teacher heads; consensus is their intersection. These outputs are machine_predicted_unvalidated and are not human labels or direct frontier model labels.

metaresearch head score (Codex)0.000
metaresearch head score (Gemma)0.000
Version: codex-gemma-dda1882f352aValidation status: machine_predicted_unvalidated
Candidate categoriesnone
Consensus categoriesnone
DomainCandidate signal: none · Consensus signal: none
Study designCandidate signal: Theoretical or conceptual · Consensus signal: none
GenreCandidate signal: Empirical · Consensus signal: Empirical
Teacher disagreement score0.739
Threshold uncertainty score0.730

Codex and Gemma teacher scores by category

CategoryCodexGemma
Metaresearch0.0000.000
Meta-epidemiology (narrow)0.0000.000
Meta-epidemiology (broad)0.0010.000
Bibliometrics0.0010.000
Science and technology studies0.0000.000
Scholarly communication0.0000.001
Open science0.0000.000
Research integrity0.0000.000
Insufficient payload (model declined to judge)0.0000.000

Machine scores (provisional)

The two teacher heads of the student model, read on this work. A score orders the frame for review; it never asserts a category, and the validation status ships verbatim with every row.

Baseline scores from an immature model (maturity gate not passed, 7 training rounds). Scores rank; they never assert a category.

Opus teacher head0.060
GPT teacher head0.196
Teacher spread0.137 · how far apart the two teachers sit on this one work
Validation statusscore_only:v0-immature-baseline · verbatim from the scoring run: score_only means the number may rank works, and no category label ships from it

Classification

machine, unvalidated

Machine predicted; a candidate call from one teacher head, not a consensus.

The models applied no category: nothing in the taxonomy fit this work.
Study designTheoretical or conceptual
Domainnot available
GenreEmpirical

How this classification was reached, model by model and score by score, is at the end of the page under "How this classification was reached".

Quick stats

Citations14
Published2016
Admission routes4
Has abstractyes

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