There has been much hype around online education creating a revolution in education. Studies analyzing the use of distance education at the graduate level have been limited. This article uses Kansas State University's Master of Agribusiness program as a case study. Educational theory related to a distance environment is studied. Development and technology issues related to the Master of Agribusiness program are presented followed by survey information from students. Appropriate administrative and management practices that govern a program are essential to the success of the program.

Laboratory market experiments are used to estimate the incidence of a stylized subsidy in factor market negotiations with university student and agricultural professional subjects. In separate sessions with both groups, prices converged approximately four and a half tokens higher when a 20-token per-unit subsidy was paid to buyers; this equates to 44% of the predicted 10-token split. A proportional market incentive treatment clarifies this subsidy effect. Discrepancies between predicted and observed incidence are similar to previous empirical estimates of subsidy incidence in agricultural land rental markets. A behavioral anomaly as well as buyer-buyer market competition may contribute to experimental results.

As part of efforts to restore the Everglades, in 2008, Governor Crist ofFlorida proposed the acquisition of 187,000 acres of land from the U.S.Sugar Corporation (U.S. Sugar) for this purpose, but the final purchase inAugust 2010 totaled only 26,800 acres. This article presents the historybehind the alternatives, including the buyout of U.S. Sugar land, to improveFlorida's water quality and the health of the Everglades. To determine thebenefits and costs of several of the U.S. Sugar land buyout proposals, aspatial price equilibrium model of the U.S. sugar market is developed.Within this framework, all the benefit-cost ratios calculated show that thebenefits are less than the costs. Our analysis uses the concept of anEnvironmental Equivalent, which is the dollar amount of environmentalbenefits needed from the Everglades restoration or water quality projects togenerate benefits that are as great as or greater than its costs. Also, weconsider, within the context of ex ante vs. ex post benefit-cost analysis,the developments to clean up the Everglades since the U.S. Sugar landpurchase.

Using principal component analysis, a climate index is developed to estimatethe linkage between climate and crop yields. The indices based on threeclimate projections are then applied to forecast future crop yieldresponses. We identify spatial heterogeneity of crop yield responses tofuture climate change across a number of U.S. northern and southern states.The results indicate that future hotter/drier weather conditions will likelyhave significant negative impacts on southern states, whereas only mildimpacts are expected in most northern states.