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Tsallis Entropy, Escort Probability and the Incomplete Information Theory
Entropy 2011, 13(1), 38-52; doi:10.3390/e13010038

An Information Approach to the Dynamics in Farm Income: Implications for Farmland Markets

1 Department of Food Economics and Marketing, University of Reading, PO Box 237, Reading, Berkshire, RG6 6AR, UK 2 Food and Resource Economics Department, University of Florida, 1155 McCarty Hall, Gainesville, FL 32611, USA
* Author to whom correspondence should be addressed.
Received: 9 November 2010 / Revised: 17 December 2010 / Accepted: 22 December 2010 / Published: 24 December 2010
(This article belongs to the Special Issue Advances in Statistical Mechanics)
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The valuation of farmland is a perennial issue for agricultural policy, given its importance in the farm investment portfolio. Despite the significance of farmland values to farmer wealth, prediction remains a difficult task. This study develops a dynamic information measure to examine the informational content of farmland values and farm income in explaining the distribution of farmland values over time.
Keywords: information theory; farmland markets; farm income information theory; farmland markets; farm income
This is an open access article distributed under the Creative Commons Attribution License (CC BY) which permits unrestricted use, distribution, and reproduction in any medium, provided the original work is properly cited.

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Salois, M.J.; Moss, C.B. An Information Approach to the Dynamics in Farm Income: Implications for Farmland Markets. Entropy 2011, 13, 38-52.

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