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A wealth of evidence exists about the adoption of new practices and technologies in agriculture but there does not appear to have been any attempt to simplify this vast body of research knowledge into a model to make quantitative predictions across a broad range of contexts. This is despite...
Persistent link: https://www.econbiz.de/10009446353
Some hypotheses about the timing of farmers becoming aware of an innovation and the subsequent decision to use that innovation are derived from a recently developed, decision-theoretic model of the adoption process. They are tested using empirical evidence on the time taken by early adopters of...
Persistent link: https://www.econbiz.de/10009444062
This paper examines the generation of resource rent during the transition from an over-exploited to an efficiently managed fishery. A simple theoretical model is used to demonstrate that current industry returns may below or even negative during this adjustment phase. A case in point is the New...
Persistent link: https://www.econbiz.de/10009444650
There is a growing trend to widespread privatisation of crop breeding, and there are groundsfor expecting this trend to continue and even to accelerate. Possible consequences forAustralian grain growers and the national interest of much greater private sector involvementin plant breeding are...
Persistent link: https://www.econbiz.de/10009445946