Field experiments were conducted with farmers in the Limarí Valley of Chile to test extant theory on right-to-choose auctions. Water volumes that differed by reservoir source and time of availability were offered for sale by the research team. The auctions were supplemented by protocols to...

Often analysts must conduct risk analysis based on a small number of observations. This paper describes and illustrates the use of a kernel density estimation procedure to smooth out irregularities in such a sparse data set for simulating univariate and multivariate probability distributions.

This paper shows that the theory of circular causation as stated by Myrdal can be ast in a rigorous microeconomic neoclassical model. In doing this, Myrdal's theory of equilibria is extended by showing that existence of stable and unstable types of equilibria and the conditions under which easy...

Agncultural research managers are under increasing pressure to JUStify thetr dec1s10ns 111e empirical analysis of comparative advantage offers considerable potential to provide more precise mformatmn to research resource managers for their dec1s10ns. In this paper, the potential applications of...

Public research in developing countries in Asia continues to grow, but in many countries the rate of change has slowed and it is lower than growth in agriculture. In Asia, private sector research grew twice as fast as public research (see Table 1). Using a new set of data on private research,...

The NERICA (New Rice for Africa) rice varieties, developed by the Africa Rice Center during the 1990s, are providing hopes for raising the productivity of upland rice farmers in Africa because of their reported high yield potential and adaptability to the African conditions. The varieties are...