In a production process with a labor and a nonlabor input we show that the principals profits increase when she controls the nonlabor input. Furthermore output increases since the principal can allocate capital to help mitigate her information costs. However this mitigation of information costs...

The idea of food security has been circulating for a long time and the right to adequate food and to be free from hunger has been repeatedly affirmed and reaffirmed in a number of documents adopted by the United Nations. Despite the enormous efforts in the past decades by various international...

The Moore Catchment, which lies to the north of Perth, WA, suffers from a number of problems related to water management. Farmers want to manage salinity and waterlogging problems through the use of drains, but this has negative off-farm impacts on both the environment and flood risk. Views on...

The Land and Water Management Plans (LWMPs) developed for the irrigation districts in the Murray region of NSW are said to be at the forefront of institutional innovation for integrated resource management. Farmers have been strongly involved both in the development of the Plans (for which...

A number of farming systems projects are currently being conducted in the north eastern cropping region of Australia. These are jointly funded by the grains industry and state government R&D agencies, and conducted by the latter with some involvement of private industry. The issues which were...

Dryland salinity is one of the most pressing land management problems in Western Australia. A number of projects are in progress to provide a more comprehensive picture of the location and extent of potentially saline areas in the landscape. Associated with some of these projects, a large number...

Dryland salinity has been conceived of as a problem involving massive off-site impacts and therefore requiring coordinated action to ensure that land managers reduce those off-site impacts. In economic terms, salinity is seen as a problem of market failure due to externalities, including...

In this paper a model is developed which brings together elements of the household models, spatial trading systems and demand systems with elements of production and income risk. Some of the implications of the design are analysed. The design is focussed on the problem faced by Vietnamese farm...

There is likely to be a divergence in the interests of farmers and their neighbours or the community in the management of land and hence a greater rate of exploitation of soil qualities than that desired by the community. This is particularly true under current institutional arrangements with...

This paper presents results of a survey of Western Australian wheat growers designed to elicit perceptions of the impact of protein premiums and discounts for wheat on income, utility and off-farm risk management. The results indicate that a grower’s perception of the scheme’s impact on...