Application Of The Economic Threshold For Interseasonal Pest Control
AbstractWe show how an interseasonal pest control problem can be simplified to enable an intraseasonal model to be empirically applied, extending the range of application of the intraseasonal model. Three alternative economic thresholds are compared. The optimal solution requires repeated computations by the farmer to compute the profit maximizing dose, with a corresponding threshold, for each pest infestation. Two alternative decision rules require a single computation by the farmer for the threshold and dosage rate. An empirical illustration shows that, relative to the optimal solution which is computationally burdensome to the farmer, little net revenue is lost by using one of the thresholds based upon a simpler decision rule.
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Bibliographic InfoArticle provided by Western Agricultural Economics Association in its journal Western Journal of Agricultural Economics.
Volume (Year): 10 (1985)
Issue (Month): 02 (December)
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- Regev, Uri & Shalit, Haim & Gutierrez, A. P., 1983. "On the optimal allocation of pesticides with increasing resistance: The case of alfalfa weevil," Journal of Environmental Economics and Management, Elsevier, vol. 10(1), pages 86-100, March.
- Bor, Yunchang Jeffrey, 1995. "Optimal pest management and economic threshold," Agricultural Systems, Elsevier, vol. 49(2), pages 113-133.
- Davis, Rex & Tisdell, Clement A., 2001. "Alternative Specifications and Extensions of the Economic Threshold Concept and the Control of Livestock Pests," Economics, Ecology and Environment Working Papers 48381, University of Queensland, School of Economics.
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