Assignment of land rights affects equity and efficiency, determining among other things households' ability to generate subsistence and income, their social and economic status, incentives to exert effort and make investments, and access to financial markets and consumption-smoothing mechanisms....

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...

The role of expectations in the empirical analysis of agricultural supply is examined under the assumption of separation of expectations and constraints in dynamic decision making. Extrapolative, adaptive, implicit, rational and quasi-rational, and futures-based models of expectation formation...

Part 1. Gordon Rausser: Scholar, Leader and Entrepreneur -- Chapter 1. On the Essence of Leadership: Lessons from Gordon Rausser -- Chapter 2. Scholar, Entrepreneur and Editorial Innovator -- Chapter 3. Gordon Rausser: Impacts on the World Food System -- Chapter 4. Gordon Rausser and the...