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
Hauptverfasser: Moffitt, L.J, Burrows, T.M, Baritelle, J.L, Sevacherian, V
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container_title Western Journal of Agricultural Economics
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creator Moffitt, L.J
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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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identifier ISSN: 0162-1912
ispartof Western Journal of Agricultural Economics, 1984-07, Vol.9 (1), p.145-151
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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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