Incorporation of futures markets into the theory of the firm under uncertainty has received considerable attention in risk management. A theoretical model of optimal firm decisions in cash and futures markets considering price, production, and financial risks is presented. Production and...

A number of methods have been employed to estimate the production increases obtained from supplementary irrigation. Details of these methods and some of the disadvantages from which they suffer will be discussed later. Suffice it to say at this stage that, in the opinion of this author the...

The study described in this article is concerned with the derivation of an average production function for 50 sheep farms on an area of light land in the Malvern County, Canterbury Plains, New Zealand. It is based on farm survey data for the 1955/6 season. The locality of the survey was chosen...

This article is concerned with the economics of a planned system of supplementary irrigation and pasture improvement on a typical Richmond Valley dairy farm. In developing the plan for the farm, consideration is, given to a range of assumptions concerning the farmer's resources of labour and...