Partial equilibrium analysis is used to estimate the social costs of production control in the Australian egg industry. These costs are compared with the estimates of the social cost of the home consumption price scheme which has operated in the past. The comparison is made for various supply...

Decision making studies in agriculture are often made difficult by the complex and dynamic nature of bio-economic systems. Simulation is one of the newer systems research techniques which as yet has had limited use in farm management research. This paper discusses some methodological aspects of...

The development of Monte Carlo programming as a farm planning method is reviewed. The possibility of applying this method and linear programming to investment planning is discussed in relation to two main types of problem. It is concluded that Monte Carlo programming is well suited to planning...