The major sources of variability in net farm income on New York dairy farms over the past 10 years are identified using Dairy Farm Business Summary records. The most important source of income variability is the fluctuation in milk prices, followed closely by year-to-year variation in the...

A pollution reduction program is designed where information about both techno logy and risk preferences is asymmetric. Program costs and the distribution of payments depend on the amount of information known to the policy maker. Empirically testable conditions for selfselection are derived; the...

Since many countries already pursue a range of environmental objectives for agriculture, in particular the supply of positive externalities or public goods (e.g., wildlife habitat, water supply management, provision of landscape amenities) as well as the reduction of negative externalities, such...

Major sources of variability in net farm income on New York dairy farms over the past 10 years are identified using variance decomposition methods. The most important source of income variability is the fluctuation in milk prices, followed closely by year-to-year variation in the quantity of...

The purpose of this study is to understand the implications of farm-to-farm and regional variations in nitrogen runoff and leaching for targeting specific policies to reduce nutrient contamination. To do this, we estimate 3D-year distributions of nitrate runoff and leaching for individual soils...

We re-examine the notion of consumer rationality in transition economies by modifying the conventional non-parametric tests of the axioms of revealed preference. To reflect the unique characteristics of transition economies, shortages are allowed in the state market, while not in the private...