Most, if not all, production technologies are stochastic. This article demonstrates how data envelopment analysis (DEA) methods can be adapted to accommodate stochastic elements in a state-contingent setting. Specifically, we show how observations on a random input, not under the control of the...

Most, if not all, production technologies are stochastic. This article demonstrates how data envelopment analysis (DEA) methods can be adapted to accommodate stochastic elements in a state-contingent setting. Specifically, we show how observations on a random input, not under the control of the...

A multi-sectoral partial equilibrium model of the markets for two types of Australian grapes and wine (premium and non-premium) is developed to study the aggregate returns from different types of research and promotion investments by the industry and their distribution across actors in the...

Sugarcane farmers in many districts are considering on-farm water storages (OFWS’s) as a means of countering ongoing water shortages. OFWS’s are attractive because they can be used to capture runoff and tailwater, and for the temporary storage of surplus water from other irrigation sources...

The water of the Great Artesian Basin is an important resource for the grazing industry in the semi-arid and arid areas of the Basin. The initial development of the Basin was a "free for all" in an open access environment. State governments now license bores to restrict the use of water, but...