The objective of this study is to explore the possibilities of improving production and income on small farms through better allocation of resources. It pertains to the area that represents the low potential cereal crops zone (LPCZ) of Ethiopian highlands in the Shoa region. The basic primary...

A linear programming algorithm is presented for determination of farm plans that are efficient under the mean-Gini criterion. Use of the algorithm is illustrated by applying it to a standard problem from the literature. The set of efficient plans is compared with those based on meanvariance and...

A planning methodology is developed based on Monte Carlo sampling of plans and sorting out inefficient plans according to the rules of stochastic dominance. Illustrations and methodological comparison are made in a context of farm planning under risk, and an application in income stabilization...

Formerly a rich-county preoccupation, dealing more explicitly with environmental concerns around agriculture is becoming a mainstream concern for developing countries. Concerns arise with all the major resources underpinning farming, such as land and water which are selectively reviewed here but...

A model is developed from decision theory for evaluating probabilistic information, especially for decision makers who are risk averse. The value of information to such a decision maker is disaggregated into mean and variance effects. It is shown that the degree of risk aversion of the decision...