The book addresses and documents farmers' risks in developing and emerging economies. It draws lessons from experimental economics on measuring risk preferences, attitudes, gender differences in managing risks, and risk management strategies in countries across Africa and Asia. It argues policy makers, especially in emerging economies, need a better understanding of farmers' attitudes toward risk and choices of risk management strategies when designing policies to support production agricu...

This book collects the findings of a group of scientists and economists who have taken stock of climate change impacts on food and agriculture at global and regional levels over the past two decades. The evidence presented describes how global warming will impact where and how food is produced and discusses the significant consequences for food security, health and nutrition, water scarcity and climate adaptation. The book also highlights the implications for global food trade. The evidenc...

Commodity Modeling and Pricing provides extensions and applications of state-of-the-art methods for analyzing resource commodity behavior. Drawing from the seminal work of Professor Walter Labys on the development of econometric methods for forecasting commodity prices, this collection of essays features expert contributors ranging from practitioners in private industry, public sector, and nongovernmental organizations to scholars in higher education–all of whom were Labys's forme...

This book is open access under a CC BY-NC-SA 3.0 IGO license.The book uses an economic lens to identify the main features of climate-smart agriculture (CSA), its likely impact, and the challenges associated with its implementation. Drawing upon theory and concepts from agricultural development, institutional, and resource economics, this book expands and formalizes the conceptual foundations of CSA. Focusing on the adaptation/resilience dimension of CSA, the text embraces a mixture...

Manski argues that public policy is based on untrustworthy analysis. Failing to account for uncertainty in an uncertain world, policy analysis routinely misleads policy makers with expressions of certitude. Manski critiques the status quo and offers an innovation to improve both how policy research is conducted and how it is used by policy makers.

How does education affect economic and social outcomes, and how can it inform public policy?Volume 3 of the Handbooks in the Economics of Education uses newly available high quality data from around the world to address these and other core questions. With the help of new methodological approaches, contributors cover econometric methods and international test score data. They examine the determinants of educational outcomes and issues surrounding teacher salaries and licensure. And reflect...

This book offers a critical theory of hazards, which the Bhopal tragedy would serve to highlight. It provides a general model of how hazards existed in Bhopal come to be defined and symbolically manipulated—through the institutionalized use of expert knowledge and political persuasion.

This book is designed for an undergraduate, one-semester course in experimental research, primarily targeting programs in sociology, political science, environmental studies, psychology, and communications. Aimed at those with limited technical background, this introduction to social science experiments takes a practical, hands-on approach. After explaining key features of experimental designs, Green takes students through exercises designed to build appreciation for the nuances of design,...

Water provides benefits as a commodity for agriculture, industry, and households, and as a public good such as fisheries habitat, water quality and recreational use. To aid in cost-benefit analysis under conditions where market determined price signals are usually unavailable, economists have developed a range of alternative valuation methods for measuring economic benefits.This volume provides the most comprehensive exposition to-date of the application of economic valuation metho...

Handbook of Economic Expectations discusses the state-of-the-art in the collection, study and use of expectations data in economics, including the modelling of expectations formation and updating, as well as open questions and directions for future research. The book spans a broad range of fields, approaches and applications using data on subjective expectations that allows us to make progress on fundamental questions around the formation and updating of expectations by economic agents and...

Climate change threatens the economy of the United States in myriad ways, including increased flooding and storm damage, altered crop yields, lost labor productivity, higher crime, reshaped public-health patterns, and strained energy systems, among many other effects. Combining the latest climate models, state-of-the-art econometric research on human responses to climate, and cutting-edge private-sector risk-assessment tools, Economic Risks of Climate Change: An American Prospectus

This book brings together state-of-the-art papers describing comprehensive approaches to residuals management and emphasizes the need for interdisciplinary solutions to complex environmental problems.Originally published in 1972