The wide use of artificial insemination by dairy farmers has facilitated the development of a multi-billion dollar international market in animal genetics. In the major western dairy producing nations, each country has developed a single index to rank bulls, based on the value of traits they are...

We present a model of competitive interaction among n symmetric firms producing a homogeneous good that includes both Bertrand and Cournot competition as special cases. In our model the intensity of competition is captured by a single parameter—the perceived slope of competitors’ supply...

Concentrates on comparing socio-economic aspects of pearl culture in Australia, which mostly relies on the culture of the South Sea pearl oyster P. maxima, with that in French Polynesia which depends on the culture of the black-lipped pearl oyster P. margaritifera. Australian culture of pearl...

This article concentrates on the global location of production of television receivers as a case study. The aim is to see if this accords with Vernon’s international product cycle theory or whether some modifications of the theory are required. The historical evolution of the global television...

While most textbooks in managerial economics now give some coverage to business learning, and this is to be welcomed, their coverage of business learning is limited to a consideration of increases in productivity or cost reductions. Supply-side bias exists. The coverage of leading texts is...

Growing economic globalisation (a means of market extension) may increase the economic vulnerability of firms in modern industries, especially those in which firms experience substantial economies of scale. The possibility is explored that globalisation activates competitive pressures that...

Small countries, such as Pacific islands countries (PICs), vary considerably in the extent and in the ways in which they are linked to the global economy. Particularly within PICs, households and families, and different social groups also differ in their dependence on markets, cash and foreign...

Reviews linear break-even analysis as typically outlined in textbooks on managerial economics. It is claimed that a major shortcoming of these expositions is their failure to demonstrate in what circumstances linear break-even analysis is relevant for a business and in what circumstances it is...

Estimates the internal rate of return on costs of investment in a ‘standard’ giant clam farm involved in the ocean phase of giant clam mariculture as a function of the period of ocean growout of Tridacna gigas using Australian data obtained from trials at Orpheus Island Marine Research...

In this paper the benefits of B. bovis vaccination are valued, and the decrease in expenditure on the diagnosis and treatment of disease determined and valued. The costs associated with the B. bovis vaccination program are then identified, quantified and valued. The effect of changes in disease...