The static production efficiency model and the dynamic duality model of intertemporal decision making using a parametric approach have been continuously developed but in separate direction. In this study the static shadow cost approach and the dynamic duality model of intertemporal decision...

This paper compares the production technology and production risk of organic and conventional arable farms in the Netherlands. Just-Pope production functions that explicitly account for output variability are estimated using panel data of Dutch organic and conventional farms. Prior investigation...

The static production efficiency model and the dynamic duality model of intertemporal decision making using a parametric approach have been continuously developed but in separate directions. The parametric approach takes statistical noise into account, which can provide accurate measures in a...