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Contract theory and agricultural policy analysis: a discussion and survey of recent developments

Wu, Steven Y. - In: Australian Journal of Agricultural and Resource Economics 50 (2006) 4

This paper surveys some recent developments in contract theory and illustrates how this theory might be useful for … surveying contract theory to identify key economic distortions that can potentially justify government involvement. Next, the …, controversial aspects of real-world agricultural contracts are highlighted and lessons from the theory are used to determine whether …

Persistent link: https://www.econbiz.de/10009398508

Water rights: a comparison of the impacts of urban and irrigation reforms in Australia

Crase, Lin; Dollery, Brian - In: Australian Journal of Agricultural and Resource Economics 50 (2006) 3

Although there has been a policy thrust towards making all Australians more cognisant of the relative scarcity of water resources, the approach adopted for urban dwellers differs markedly from that applied to irrigators. These differences are examined from a property-rights perspective focussing...

Persistent link: https://www.econbiz.de/10009398678

Australasian environmental economics: contributions, conflicts and ‘cop-outs’

Bennett, Jeffrey W. - In: Australian Journal of Agricultural and Resource Economics 49 (2005) 3

Australian and New Zealand environmental economists have played a significant role in the development of concepts and their application across three fields within their subdiscipline: non-market valuation, institutional economics and bioeconomic modelling. These contributions have been spurred...

Persistent link: https://www.econbiz.de/10009398722