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Voluntary Economic and Environmental Risk Tradeoffs in Crop Protection Decisions

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Author Info
Luanne Lohr (University of Georgia)
Timothy Park (University of Georgia)
Michael Wetzstein (University of Georgia)

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Abstract

An indirect utility model is employed for measuring farmers’ willingness to voluntarily accept yield losses for a reduction in environmental risk by decreasing pesticide use. Results support the hypothesis that farmers have self-described risk perceptions that enable them to make assessments of risk-yield tradeoffs. Policies designed to encourage and assist farmers making voluntary pesticide reductions can result in environmental risk reduction.

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File URL: http://agecon.lib.umn.edu/cgi-bin/pdf_view.pl?paperid=5682&ftype=.pdf
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Publisher Info
Article provided by Northeastern Agricultural and Resource Economics Association in its journal Agricultural and Resource Economics Review.

Volume (Year): 27 (1998)
Issue (Month): 1 (April)
Pages: 108-116
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Handle: RePEc:agl:nearer:v:27:y:1998:i:1:p:108-116

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