This paper describes a cost function approach to modelling production and resource use at the level of the individual farm firm. The procedure for deriving the supply function using mathematical programming under fairly general condition of a convex input set is shown, and the model is...

This paper describes the World Trade Model, a linear program that determines world prices, scarcity rents, and international trade flows based on comparative advantage in a world economy with m regions, n goods, and k factors. The new model generalizes the World Model of Leontief et al. (1977)...

An efficient technology transfer from advanced to developing countries is explored by extending dynamic input-output optimization models. We include capital investments for the transferred technologies that affect the structural change and the welfare streams of consumption and the environmental...

A wide range of approaches are available for classifying coefficients according to their importance to an economy. The 'tolerable limits' approach is one that has been extensively written about. Nevertheless, it seems unsuitable for assessing the overall importance of a coefficient to an...

In this paper the authors present a case study from the wood-processing industry. It focuses on a cutting process in which material from stock is cut down in order to provide the items required by the customers in the desired qualities, sizes, and quantities. In particular, two aspects make this...

Co-products of processing agricultural commodities are often marketed through private transaction rather than through public markets or those in which public transaction information is recorded or available. The resulting lack of historical price information prohibits the use of positive time...

Of water withdrawn for agricultural crop irrigation, a portion is consumed and the remainder comes back to the hydrologic system as return flows. Previous models of irrigation water demand have mostly focused on the change in withdrawals in response to price changes, even though knowledge of the...

For more than three decades, microeconomists have been studying the conditions under which product bundling is a remunerative sales strategy. Only recently, bundling aroused the interest of marketing academics. Until now, no serious attempts have been made to integrate the existing research...

Duality methods of linear and convex programming are applied to impute definite marginal values to the fixed inputs of a hydroelectric plant from the operating profit. Our earlier analysis of pumped storage (of energy and other cyclically priced goods) is thus extended to valuation of an...

Dry land salinisation is a significant cause of land and water degradation in Australia. Changing land use from annual to perennial crops has been widely proposed as a means to reduce land degradation and increase the productivity of saline land. However, in many areas annual crops are...