In this paper, an examination of the demand for paper products in Australia in the light of product life-cycle theory is provided. Estimates of relative maturity in the market place and of ceilings to consumption are made for the various paper products. In addition to projections based on...

The farm-household system of smallholders in semi-arid eastern Kenya is described. This is followed by a review of the extent of adoption of a set of new practices. A lexicographic utility framework is then developed to analyse the interaction between household goals and technology adoption. The...

Most previous studies of home consumption pricing and producer price equalisation schemes have concentrated on static economic surplus effects under an assumption of a perfectly elastic export demand. This paper compares the effects of different types of producer price equalisation schemes with...

Considerable resources in the beef industry have recently been devoted to the establishment of a system of product description. A prerequisite for the success of any such system is the objective determination of consumer preferences. The trial outlined in this paper was aimed at determining...

The conceptual bases for project evaluation, the use of Hicksian consumer's surplus concepts of value, and the implementation of the currently accepted techniques for valuing non-marketed goods and services, are developed in some detail. While the primary focus is on partial equilibrium analysis...

In multi-period farm planning problems involving uncertainty, the usual case in the real world, planning must involve a continuous process of re-evaluation. In this dynamic situation it is necessary to know the number of periods to include in the decision model to ensure optimality. This is...

Farm adjustment is a complex process involving decisions by farmers about a wide range of economic and non-economic factors which influence the farm business and farm family. The economics literature emphasises the importance of economic factors in the adjustment behaviour of farmers. However,...

Single-index models from portfolio theory have previously been adapted for risk efficient farm planning in North America. The potential for using single-index models in farm planning is considered in this paper both theoretically and in the light of two illustrative Australian case studies. It...