Chapter 1: Introduction -- Chapter 2: Individual choices: explaining food consumption and production -- Chapter 3: Societal outcomes: predicting food market prices and quantities -- Chapter 4: Social welfare: evaluating change in food market outcomes -- Chapter 5: Market power: when innovation,...

This textbook takes a truly international approach towards agricultural economics, uniting many different perspectives on the subject and providing insight into agriculture in general, and into how practical farming works in particular. The book is laced throughout with real world examples and...

Volume 1B. Part 2: Marketing, Distribution and Consumers. Agricultural commodity markets: spot, futures, options, forward contracts and derivatives (J. Williams). Storage and price stabilization (B. Wright). Food processing and distribution: an industrial organization approach (R.J. Sexton, N....

Volume 2B. Part 5: Agricultural and Food Policy. The incidence of agricultural policy (J.M. Alston, J.S. James). Information, incentives, and the design of agricultural policies (R.G. Chambers). Market failures and second-best analysis, with a focus on nutrition, credit, and incomplete markets...