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Shifting Foundations of Agricultural Policy Analysis: Welfare Economics When Risk Markets Are Incomplete

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  • Carlisle Ford Runge
  • Robert J. Myers

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  • Carlisle Ford Runge & Robert J. Myers, 1985. "Shifting Foundations of Agricultural Policy Analysis: Welfare Economics When Risk Markets Are Incomplete," American Journal of Agricultural Economics, Agricultural and Applied Economics Association, vol. 67(5), pages 1010-1016.
    • Handle: RePEc:oup:ajagec:v:67:y:1985:i:5:p:1010-1016.
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    References listed on IDEAS

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    1. McKenzie,George W., 1983. "Measuring Economic Welfare," Cambridge Books, Cambridge University Press, number 9780521248624.
    2. Carlisle Ford Runge, 1984. "Strategic Interdependence in Models of Property Rights," American Journal of Agricultural Economics, Agricultural and Applied Economics Association, vol. 66(5), pages 807-813.
    3. McKenzie, G W & Pearce, I F, 1982. "Welfare Measurement-A Synthesis," American Economic Review, American Economic Association, vol. 72(4), pages 669-682, September.
    4. Benton F. Massell, 1969. "Price Stabilization and Welfare," The Quarterly Journal of Economics, President and Fellows of Harvard College, vol. 83(2), pages 284-298.
    5. Willard W. Cochrane, 1980. "Some Nonconformist Thoughts on Welfare Economics and Commodity Stabilization Policy," American Journal of Agricultural Economics, Agricultural and Applied Economics Association, vol. 62(3), pages 508-511.
    6. W. M. Gorman, 1955. "The Intransitivity Of Certain Criteria Used In Welfare Economics," Oxford Economic Papers, Oxford University Press, vol. 0(1), pages 25-34.
    7. Miller, Gary J. & Moe, Terry M., 1983. "Bureaucrats, Legislators, and the Size of Government," American Political Science Review, Cambridge University Press, vol. 77(2), pages 297-322, June.
    8. Frederick V. Waugh, 1944. "Does the Consumer Benefit from Price Instability?," The Quarterly Journal of Economics, President and Fellows of Harvard College, vol. 58(4), pages 602-614.
    9. Joseph E. Stiglitz, 1982. "The Inefficiency of the Stock Market Equilibrium," The Review of Economic Studies, Review of Economic Studies Ltd, vol. 49(2), pages 241-261.
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    Cited by:

    1. Carl GAIGNÉ & Cathie LAROCHE DUPRAZ & Alan MATTHEWS, 2015. "Thirty years of European research on international trade in food and agricultural products," Review of Agricultural and Environmental Studies - Revue d'Etudes en Agriculture et Environnement, INRA Department of Economics, vol. 96(1), pages 91-130.
    2. Fertő, Imre, 1995. "A mezőgazdasági árak stabilizálásának problémáiról [On the problems of stabilizing agricultural prices]," Közgazdasági Szemle (Economic Review - monthly of the Hungarian Academy of Sciences), Közgazdasági Szemle Alapítvány (Economic Review Foundation), vol. 0(3), pages 256-269.
    3. Runge, C. Ford & Houck, James P., 1987. "Linkages Between Agricultural Trade And Resource Quality: A Conceptual Overview," Staff Papers 13249, University of Minnesota, Department of Applied Economics.
    4. Runge, C. Ford, 1999. "Stream, River, Delta: Induced Innovation And Environmental Values In Economics And Policy," Working Papers 14465, University of Minnesota, Center for International Food and Agricultural Policy.
    5. D. MacLaren, 1991. "Agricultural Trade Policy Analysis And International Trade Theory: A Review Of Recent Developments," Journal of Agricultural Economics, Wiley Blackwell, vol. 42(3), pages 250-297, September.
    6. Runge, C. Ford & von Witzke, Harald & Thompson, Shelley, 1987. "Liberal Agricultural Trade As A Public Good: Free Trade Versus Free Riding Under Gatt," Staff Papers 13635, University of Minnesota, Department of Applied Economics.
    7. Runge, C. Ford, 1986. "Induced Innovation In Agriculture And Environmental Quality," Staff Papers 13273, University of Minnesota, Department of Applied Economics.
    8. Kopp, Thomas, 2017. "Bertrand Competition in Oligopsonistic Market Structures - the Case of the Indonesian Rubber Processing Sector," 57th Annual Conference, Weihenstephan, Germany, September 13-15, 2017 261980, German Association of Agricultural Economists (GEWISOLA).
    9. Falconer, Katherine & Hodge, Ian, 2001. "Pesticide taxation and multi-objective policy-making: farm modelling to evaluate profit/environment trade-offs," Ecological Economics, Elsevier, vol. 36(2), pages 263-279, February.
    10. Peter Nedergaard, 2006. "Market Failures and Government Failures: A Theoretical Model of the Common Agricultural Policy," Public Choice, Springer, vol. 127(3), pages 385-405, June.
    11. Massot Marti, Albert, 2011. "Tribuna de Debate: La PAC 2020: Claves interpretativas de la comunicación de la Comisión Europea, COM (2010) 672 de 18.11.2010," Economia Agraria y Recursos Naturales, Spanish Association of Agricultural Economists, vol. 11(01), pages 1-48, November.

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