Advanced Search
MyIDEAS: Login

Stochastic Dynamic Optimization And Rangeland Investment Decisions

Contents:

Author Info

  • Lambert, David K.
  • Harris, Thomas R.

Abstract

One of the most uncertain resources for a western beef cattle ranch is the availability of reliable spring forage. The impact on ranch equity position and income variability of investments in crested wheatgrass seedings designed to stabilize spring forage supplies is examined. Expected ending net worth under stochastic forage production and cattle prices is maximized subject to secondary safety-first objectives. Seedings increase expected ending net worth and increase annual net ranch incomes after plant establishment.

Download Info

If you experience problems downloading a file, check if you have the proper application to view it first. In case of further problems read the IDEAS help page. Note that these files are not on the IDEAS site. Please be patient as the files may be large.
File URL: http://purl.umn.edu/32071
Download Restriction: no

Bibliographic Info

Article provided by Western Agricultural Economics Association in its journal Western Journal of Agricultural Economics.

Volume (Year): 15 (1990)
Issue (Month): 02 (December)
Pages:

as in new window
Handle: RePEc:ags:wjagec:32071

Contact details of provider:
Web page: http://waeaonline.org/
More information through EDIRC

Related research

Keywords: Livestock Production/Industries;

References

No references listed on IDEAS
You can help add them by filling out this form.

Citations

Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
as in new window

Cited by:
  1. Deaton, Brady J. & San, Nu Nu, 1999. "Feasibility Of Integrating Sheep And Crops With Smallholder Rubber Production Systems In Indonesia," Journal of Agribusiness, Agricultural Economics Association of Georgia, vol. 17(2).

Lists

This item is not listed on Wikipedia, on a reading list or among the top items on IDEAS.

Statistics

Access and download statistics

Corrections

When requesting a correction, please mention this item's handle: RePEc:ags:wjagec:32071. See general information about how to correct material in RePEc.

For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (AgEcon Search).

If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

If references are entirely missing, you can add them using this form.

If the full references list an item that is present in RePEc, but the system did not link to it, you can help with this form.

If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your profile, as there may be some citations waiting for confirmation.

Please note that corrections may take a couple of weeks to filter through the various RePEc services.