Forest policy decisions are complex and often multi-faceted. A major criticism of the neoclassical approach is the omission of risk and uncertainty, multiple attributes of agricultural and forestry decisions and use of income or profit as the sole metric for evaluation of alternative decisions....

Sustainable development has (SD) been an important objective promoted by many development economists during the last few decades. However, the implementation of sustainable development has been a problem since adequate guidelines are not available. This is specially so in the use of...

Many countries in Asia, Africa and Latin America have turned over irrigation systems to farmer groups. There is general consensus that neoclassical economics has failed to address many issues in irrigation water management. Institutional issues have been at the heart of some of these failures....

Implementation of Integrated Catchment Management (ICM) is hampered by the lack of a conceptual framework for explaining how landowners select farming systems for their properties. Benefit-cost analysis (a procedure that estimates the costs and benefits of alternative actions or policies) has...