This thesis contributes to the development of theoretical and experimental approaches that extend the analysis of risk … preferences beyond the classical concept of expected utility theory. The thesis contains four main chapters.The first two chapters … are concerned with extensions and applications of the most promising descriptive theories of behavior under risk. In these …

A water-crop simulation/mathematical programming model of irrigation water demand in northeastern Colorado is …

and irrigation system application rates in the model. Risk simulation procedures are used to generate an appropriately … available water resources through the adoption o f more efficient irrigation technology and irrigation scheduling. A requirement … is to develop a multiperiod mathematical risk programming model able of assisting water user associations with the …

interactions of irrigation, put options, and yield insurance as risk managementstrategies on the economic viability of a 1,000 acre … afunction.Analyses for risk averse decision makers showed that multiple irrigations arepreferred, and that yield insurance is … and uncertainties plague Texas cotton producers withunpredictable weather, insects, diseases, and price variability. Risk …

"The rapidly emerging 'new science' of nonequilibrium systems theory may offer common property researchers and scholars …. Deriving from the dynamical holism of quantum physics, nonequilibrium theory engages the spontaneity, chaos, interrelatedness … recent theoretical developments in nonequilibrium analysis. Using the Navaho Indian Irrigation Project as a case study, this …

uncertainty problem in an analysis of electricity infrastructure governance for agricultural irrigation in Andhra Pradesh. Flat … farmers are not aware of the interdependence of their individual actions, or ascribe the problem to the utility. The risk …

Bandit problems provide an interesting and widely-used setting for the study of sequential decision-making. In their … for the alternatives change over time. This dynamic environment encourages the decision-maker to cycle between states of … environment, changes occur gradually across time. Decision data were collected from people in each environment. Individuals varied …

risk through investment in equipment or production of other crops on the property. …