Since the seminal work of Adam Smith, markets have been considered an efficienttool for co-ordinating the behaviour of economic agents. The basic characteristicof a market economy is that the complex system of interaction amongindividuals is not centrally coordinated. Under the assumption of...

In this paper we argue that the loss of bio-diversity hould be of concern for farmers, though it seems to be of little or no concern to them at the moment. As diversity is a component of nature that controls the growth of pests, a loss of bio-diversity means increased exposure to pests, danger...

This paper contributes to the discussion on appropriate farm sizes as dependent on energy use and green house gas emission. Normally large farms use more energy than small farms and obtain higher labor productivity which is one of the reasons for their superiority. We presume energy includes a...

Since the seminal work of Adam Smith, markets have been considered an efficient tool for co-ordinating the behaviour of economic agents. The basic characteristic of a market economy is that the complex system of interaction among individuals is not centrally coordinated. Under the assumption of...