Conventional estimates of the economic return to agricultural research use market prices for the values of products and inputs; on this basis, economic rates of return are typically well above the cost of capital, suggesting that more investment in research would be socially desirable. But these...

This study develops and demonstrates procedures for modeling the impact of agricultural technology adoption decisions on consumption and nutrition in a subsistence-farming context. The method is based on expected direct utility maximization (EDUM) formulation and incorporates subsistence...