Increased attention has recently been given to technical efficiency of small-scale irrigation to achieve food security and increase agricultural development. In this paper, the authors classify irrigation supply management methods as cooperative or non-cooperative, introduce social capital by...

Forecasts of economic time series are often evaluated according to their accuracy as measured by either quantitative precision or qualitative reliability. We argue that consumers purchase forecasts for the potential utility gains from utilizing them, not for their accuracy. Using Monte Carlo...