This article attempts to integrate the production- and the efficiency-based approaches for evaluating the impact of extension on farms' performance. For this purpose the nonneutral production frontier model is used, and the empirical analysis refers to a sample of farms from Crete, Greece. The...

This article examines how expected changes in climate are likely to affect agriculture in China. The effects of temperature and precipitation on net crop revenues are analyzed using cross-sectional data consisting of both rainfed and irrigated farms. Based on survey data from 8,405 households...

Groundwater resources (GW) account for nearly 30 percent of the world sustainable water supplies. Yet, this resource, which is fraught with externalities, has largely been left unregulated. The economic literature on GW is predominantly of a partial equilibrium type, taking the rest of the...

This research uses laboratory experiments to test alternative water market institutions designed to protect third-party interests. The institutions tested include taxing mechanisms that raise revenue to compensate affected third-parties, and a free market in which third-parties actively...

Game theory has been useful as an analytical framework for assessing environmental and resource regulations and policies. The papers in this volume provide the latest methodological and applied works in game theory to a wide range of natural and environmental resource problems such as fishing,...