This paper focuses on the economic consequences of droughts for the irrigation sector. We develop a dynamic-recursive mathematical programming farm model that assumes imperfect mobility of capital and labour as well as rational expectations about future water availability. The model is...

The objective of this paper is to conduct theoretical inquiries and empirical analysis on the issue of institutional evolution for resource management, focusing on irrigation water, a traditional local common property resource. Two management schemes for inigation water, a community management...

This article presents a modelling system for synthesising heterogeneous productivity and nutrient loading potentials inherent in agricultural cropland for policy use. Phosphorus abatement cost functions for cropland farmers in a southeastern Minnesota watershed are metamodelled using frontier...