Developments in Agricultural Economics Series

It is obvious that most of the agricultural production in the world is under the control of farm households (or family farms). This book aims to translate the characteristics of the farm household as an economic entity, into an economic theory. The book was originally written in Japanese, but various modifications have been made and new information added to the English version. The author defines the farm household as an economic entity which is a complex of the farm firm, the labourer's household and the consumer's household, and whose behavioural principle is utility maximization. The main purpose of the book is to construct a theoretical model of the decision-making behaviour of the farm household. For this purpose the method of subjective equilibrium analysis, which was used by J.R. Hicks for the consumer's household and the firm in Value and Capital, has been applied to the farm household. The major motif of the book may therefore be called ``Hicksian motif''. In analyzing the subjective equilibrium of the farm household, this book extends the Marshallian concepts of consumer's surplus and producer's surplus, by developing the three new concepts of labourer's surplus, self-employed producer's surplus and consumer's surplus. The analyses using the five concepts of economic surplus are the minor motif of the present book, which the author calls ``Marshallian motif''. Another important characteristic of this book lies in the presentation of newly developed theories of land rent. The author has tried to integrate the theory of leasehold tenancy (i.e. fixed rent tenancy) and that of share tenancy with subjective equilibrium theory of the farm household. In his foreword, John W. Longworth of the International Association of Agricultural Economists says ``From time-to-time an academic treatise appears which is truly different. This is one such book. It presents a self-contained normative theory of the farm household which is much more than just an elegant development of Hicksian and Marshallian ideas. Professor Nakajima introduces new concepts and develops a simple model of the farm household. He then extends this model in various ways to examine the subjective equilibrium of farm households under a wide range of economic circumstances. The exposition is clear and logic with each step in the argument explained in detail using both rigorous mathematical notation and easy to follow diagrams... With this book Nakajima is making his Life's Work available to non-Japanese Agricultural Economists. The international profession of Agricultural Economics will be richer for it.''

Since the world wine economy is rapidly changing, the importance of wine production is growing, requiring a new international collaboration, extensive research and an efficient way of teaching. These reasons led to a need for organizing an international scientific symposium on vine and wine economy. Appellation origin control is a kind of marketing. With regards to the technical and juridical field of appellation origin control, its link with economics and marketing is understandable. The world now faces the problem of different appellation origin control systems and there is a need to create uniformity with English speaking producers being more dominant than others as well as economic and political changes in Central and Eastern Europe. For now, the world wine market is complex and a world market as a whole needs to be developed into categories of "fine wines", "wines in general", and "cheap wines". It was agreed that research and education had to be internationally integrated. Different systems of teaching and education were compared, and Hungary proved to be the right place for the symposium. Representatives of 14 countries, international and national organizations, societies, universities, institutes and producers, worked hard on the scientific work as well as visits to wine regions and cooperatives.

Understanding why agricultural policies of developed countries are what they are is critical on several accounts for the developed countries as a group and for individual countries. It is important because the inter-dependencies among national agricultural policies are so numerous, as illustrated by the ongoing agricultural trade confrontation between the United States and the European Community; confrontation that is vividly expressed in the current subsidy war between the two trading blocs. The stakes for developing countries are also very high because the domestic agricultural policies of these two giants have a considerable influence on the international markets of major agricultural commodities. Studying why policies are what they are is an important research issue: legitimate in its own right on scientific grounds and relevant for any institution dealing with agricultural policies. Thus, it is only fitting that an international research institute dealing with food policy should analyze developed country policies and actions. This book is a further development of a research report by Michel Petit, ``Determinants of Agricultural Policies in the United States and the European Community'', published by the International Food Policy Research Institute (IFPRI), and is written by a team of eminent European scholars from a variety of organisations called together by Michel Petit and working under his leadership. Concentrating on the policy process in the European Community, this research provides useful insights on the influence of domestic, economic and political factors in shaping the positions of member countries in Community negotiations and on the process leading to a Community policy decision.

Marketing Sugar and Other Sweeteners was written to fill a large void of literature on the marketing aspects of an important sector of the food market. In fact, there are no books available on this subject. The intent of this book is to provide a readable, non-technical publication which provides a comprehensive presentation of major issues, trends, data, and likely outcomes of sweetener marketing. The emphasis is upon presentation of the real world operation of sugar and other sweetener markets as opposed to a theoretical model of sweetener markets. This objective requires probing into private market institutions such as sugar brokerage, as well as publicly instituted sugar policies of the American federal government. All of the participants in sweetener production, marketing, and policy will find this book useful.

This book presents the Multiple Criteria Decision Making (MCDM) paradigm for modelling agricultural decision-making in three parts. The first part, comprising two chapters, is philosophical in nature and deals with the concepts that define the underlying structure of the MCDM paradigm. The second part is the largest part consisting of five chapters, each of which presents the logic of a specific MCDM technique, and demonstrates how it can be used to model a particular decision problem. In the final part, some selected applications of the MCDM techniques to agricultural problems are presented and thus reinforce the development of an understanding of the MCDM paradigm. The book has been designed for use at different levels: as a textbook for final year undergraduate and postgraduate courses in modelling for decision-making; as a manual for researchers and practising modellers; and, as general reference on the application of MCDM techniques. Readers with basic appreciation of algebra and linear programming can easily follow the contents of this book.