Risk evaluation of early termination for pest control in cotton
The exponential utility, moment-generating function approach to stochastic efficiency is used to evaluate pest control technologies for cotton under normal, gamma, and beta distributed crop yields. Results suggest that early termination of cotton is more profitable than current practice but may not...
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Veröffentlicht in: | Western Journal of Agricultural Economics 1984-07, Vol.9 (1), p.145-151 |
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creator | Moffitt, L.J Burrows, T.M Baritelle, J.L Sevacherian, V |
description | The exponential utility, moment-generating function approach to stochastic efficiency is used to evaluate pest control technologies for cotton under normal, gamma, and beta distributed crop yields. Results suggest that early termination of cotton is more profitable than current practice but may not be preferred if risk aversion characterizes grower behavior. Research directions and policy implications are indicated. |
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Results suggest that early termination of cotton is more profitable than current practice but may not be preferred if risk aversion characterizes grower behavior. 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source | Jstor Complete Legacy; AgEcon; Elektronische Zeitschriftenbibliothek - Frei zugängliche E-Journals; Periodicals Index Online |
subjects | Agricultural economics Agricultural seasons ALGODON ANALISIS ECONOMICO ANALYSE ECONOMIQUE CALIFORNIA CALIFORNIE CONTROL DE PLAGAS Cost control COTON COTTON Crop economics Crops ECONOMIC ANALYSIS imperial valley Integrated pest management LUTTE ANTI-PARASITE PEST CONTROL Pests RIESGO RISK Risk aversion RISQUE |
title | Risk evaluation of early termination for pest control in cotton |
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