A simulation model was constructed to ascertain the extent of benefits from spatial diversification when an intensive form of use is assumed for the additional (alluvial) land. Although expected profit increased and coefficient of variation decreased, the return to additional capital was only...

While the role of technical change in agriculture is seen differently by protagonists of different theories of development, the processes of technology generation and uptake are widely seen as progressive. In this vein, agricultural technology assessment is seen as contributing to research...

The determination of an optimal feeding and selling strategy for broiler production given a space constraint is formulated as a dynamic programming problem. Production equations derived from trial data are used to obtain an optimal sequence of rations in which energy density changes through...

A method of stochastic dominance analysis with respect to a function (SDRF) is described and illustrated. The method, called stochastic efficiency with respect to a function (SERF), orders a set of risky alternatives in terms of certainty equivalents for a specified range of attitudes to risk....

Poverty reduction has been an underlying goal of governments and the development community since the Second World War, but it was the 1973 Nairobi address of Robert S. McNamara, then President of the World Bank, that created a new commitment to directly address poverty reduction in the quest for...