In the period of investigation, 1995–2000, the Danish fishery for species meant for human consumption was managed by individual non-transferable vessel quotas, while the fishery for species meant for fishmeal and fish oil was subject to a total quota. The revenues of the fishermen targeting...

This paper develops a method to jointly estimate crop yield elasticities and area elasticities with respect to output prices based on a theoretically consistent model. The model uses a duality theory approach for the multi-output and multi-input firm, and introduces uncertainty in the level of...

The article deals with the cost function at a mathematical level that only requires knowledge of differentials, but except for that, it keeps rigor at a high level. It only states theorems that require long proofs. The article justifies the existence of the cost function, points out its...

Farmland and capital are an important and rapidly expanding component of the agriculturaleconomy, and empirical evidence suggests that these assets are quasi-fixed in that adjustment costs are incurred when holdings are altered. Increased interest in the rate of return for investing in farmland...

Increasingly, state and local governments are promoting intergovernmental coordination, cooperation, and/or outright consolidation (3Cs) based on the perceived economies of scale advantages of such joint actions. However, the growing public finance and political science literature on...

Application of multisource feedback (MSF) increased dramatically and became widespread globally in the past two decades, but there was little conceptual work regarding self-other agreement and few empirical studies investigated self-other agreement in other cultural settings. This study...

There is a growing focus on sustainability in corporate objectives. A key approach to managing and implementing sustainability is through operations management. Sustainable operations hold the key to increased profitability and effective management of environmental issues. Among the business...

Studies in newsvendor decision-making have shown that human decisions systematically deviate from analytical solutions found in many utility models of the single period problem (SPP). Yet for the most part the impacts of this human decision bias in systems of newsvendor type products have not...

This thesis studies inventory control with risk of major supply chain disruptions, specifically border closures and congestion. We first investigate an inventory system in which the probability distributions of order leadtimes are dependent on the state of an exogenous Markov process; we will...