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Information: Its Measurement and Valuation

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  • Jean-Paul Chavas
  • Rulon D. Pope

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  • Jean-Paul Chavas & Rulon D. Pope, 1984. "Information: Its Measurement and Valuation," American Journal of Agricultural Economics, Agricultural and Applied Economics Association, vol. 66(5), pages 705-710.
  • Handle: RePEc:oup:ajagec:v:66:y:1984:i:5:p:705-710.
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    1. Gould, John P., 1974. "Risk, stochastic preference, and the value of information," Journal of Economic Theory, Elsevier, vol. 8(1), pages 64-84, May.
    2. David F. Bradford & Harry H. Kelejian, 1978. "The Value of Information for Crop Forecasting with Bayesian Speculators: Theory and Empirical Results," Bell Journal of Economics, The RAND Corporation, vol. 9(1), pages 123-144, Spring.
    3. Heiner, Ronald A, 1983. "The Origin of Predictable Behavior," American Economic Review, American Economic Association, vol. 73(4), pages 560-595, September.
    4. Randall, Alan & Ives, Berry & Eastman, Clyde, 1974. "Bidding games for valuation of aesthetic environmental improvements," Journal of Environmental Economics and Management, Elsevier, vol. 1(2), pages 132-149, August.
    5. Hess, James, 1982. "Risk and the gain from information," Journal of Economic Theory, Elsevier, vol. 27(1), pages 231-238, June.
    6. Robert A. Jones & Joseph M. Ostroy, 1984. "Flexibility and Uncertainty," The Review of Economic Studies, Review of Economic Studies Ltd, vol. 51(1), pages 13-32.
    7. Bishop, Richard C. & Heberlein, Thomas A., 1979. "Measuring Values Of Extramarket Goods: Are Indirect Measures Biased?," 1979 Annual Meeting, July 29-August 1, Pullman, Washington 277818, American Agricultural Economics Association (New Name 2008: Agricultural and Applied Economics Association).
    8. Hayami, Yujiro & Peterson, Willis, 1972. "Social Returns to Public Information Services: Statistical Reporting of U. S. Farm Commodities," American Economic Review, American Economic Association, vol. 62(1), pages 119-130, March.
    9. Auld, Douglas A L, 1972. "Imperfect Knowledge and the New Theory of Demand," Journal of Political Economy, University of Chicago Press, vol. 80(6), pages 1287-1294, Nov.-Dec..
    10. Richard C. Bishop & Thomas A. Heberlein, 1979. "Measuring Values of Extramarket Goods: Are Indirect Measures Biased?," American Journal of Agricultural Economics, Agricultural and Applied Economics Association, vol. 61(5), pages 926-930.
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    Cited by:

    1. Iordanis Parikoglou & Grigorios Emvalomatis & Fiona Thorne, 2022. "Precision livestock agriculture and productive efficiency: The case of milk recording in Ireland," Agricultural Economics, International Association of Agricultural Economists, vol. 53(S1), pages 109-120, November.
    2. Poe, Gregory L. & Bishop, Richard C. & Cochrane, Jeffrey A., 1991. "Benefit-Cost Principles for Land Information Systems," Staff Papers 200534, University of Wisconsin-Madison, Department of Agricultural and Applied Economics.
    3. Nathan D. DeLay & Nathanael M. Thompson & James R. Mintert, 2022. "Precision agriculture technology adoption and technical efficiency," Journal of Agricultural Economics, Wiley Blackwell, vol. 73(1), pages 195-219, February.
    4. Gerald F. Ortmann & George F. Patrick & Wesley N. Musser & D. Howard Doster, 1993. "Use of private consultants and other sources of information by large cornbelt farmers," Agribusiness, John Wiley & Sons, Ltd., vol. 9(4), pages 391-402.
    5. Regmi, Anita, 1990. "The value of information in integrated pest management of corn rootworm and European corn borer in Minnesota," Faculty and Alumni Dissertations 307267, University of Minnesota, Department of Applied Economics.
    6. Thomsen, V., 1999. "Möglichkeiten einer Quantifizierung des Wertes von Marktinformation für landwirtschaftliche Unternehmen," Proceedings “Schriften der Gesellschaft für Wirtschafts- und Sozialwissenschaften des Landbaues e.V.”, German Association of Agricultural Economists (GEWISOLA), vol. 35.
    7. Sadeh, Arye & Griffin, Wade L., 1997. "Value of feedback in agricultural decisions," Agricultural Systems, Elsevier, vol. 53(2-3), pages 285-301.
    8. John Foltz & Kent Lanclos & Joseph Guenthner & Larry Makus & William Sanchez, 1996. "The market for information and consultants in Idaho agriculture," Agribusiness, John Wiley & Sons, Ltd., vol. 12(6), pages 569-581.
    9. World Bank, 2010. "Improving Water Management in Rainfed Agriculture : Issues and Options in Water-Constrained Production Systems," World Bank Publications - Reports 13028, The World Bank Group.
    10. Scott M. Swinton & Robert P. King, 1994. "The Value of Pest Information in a Dynamic Setting: The Case of Weed Control," American Journal of Agricultural Economics, Agricultural and Applied Economics Association, vol. 76(1), pages 36-46.
    11. Sonka, Steven T., 1985. "Computer-Aided Farm Management Systems: Will the Promise be Fulfilled?," 1985 Conference, August 26-September 4, 1985, Malaga, Spain 183033, International Association of Agricultural Economists.
    12. Schnitkey, Gary D. & Sonka, Steven T., 1986. "Systems Design Procedures for Farm Accounting," Journal of Agricultural and Applied Economics, Cambridge University Press, vol. 18(2), pages 207-214, December.
    13. Maatman, A., 1998. "Modeling farmers' response to uncertain rainfall in Burkino Faso: a stochastic programming approach," Research Report 98A13, University of Groningen, Research Institute SOM (Systems, Organisations and Management).
    14. Mitter, Hermine & Schmid, Erwin, 2019. "Computing the economic value of climate information for water stress management exemplified by crop production in Austria," Agricultural Water Management, Elsevier, vol. 221(C), pages 430-448.
    15. Batte, Marvin T. & Schnitkey, Gary D., 1989. "Emerging Technologies And Their Impact On American Agriculture: Information Technologies," 1989 Conference, January 7-10, Tucson, Arizona 260164, Regional Research Committe NC-181: Determinants of Farm Size and Structure.
    16. Foltz, John & Lanclos, Kent & Guenthner, Joseph & Makus, Larry & Sanchez, William, 1994. "The Market For Information Services In Idaho Agriculture," A.E. Research Series 305128, University of Idaho, Department of Agricultural Economics and Rural Sociology.
    17. Arno Maatman & Caspar Schweigman & Arjan Ruijs & Maarten H. van Der Vlerk, 2002. "Modeling Farmers' Response to Uncertain Rainfall in Burkina Faso: A Stochastic Programming Approach," Operations Research, INFORMS, vol. 50(3), pages 399-414, June.
    18. Jonathan R. McFadden & Alicia Rosburg & Eric Njuki, 2022. "Information inputs and technical efficiency in midwest corn production: evidence from farmers' use of yield and soil maps," American Journal of Agricultural Economics, John Wiley & Sons, vol. 104(2), pages 589-612, March.
    19. repec:dgr:rugsom:98a13 is not listed on IDEAS
    20. Amponsah, William A., 1995. "Computer Adoption And Use Of Information Services By North Carolina Commercial Farmers," Journal of Agricultural and Applied Economics, Southern Agricultural Economics Association, vol. 27(2), pages 1-12, December.
    21. Antle, John M. & Capalbo, Susan Marie & Mooney, Sian, 1999. "Optimal Spatial Scale For Evaluating Economic And Environmental Tradeoffs," 1999 Annual meeting, August 8-11, Nashville, TN 21660, American Agricultural Economics Association (New Name 2008: Agricultural and Applied Economics Association).
    22. Howard, Wayne H. & Knight, Thomas O. & Shumway, C. Richard & Blake, Robert W. & Tomaszewski, Michael A., 1987. "Information And Herd Health Management Practices In Texas Dairies," Southern Journal of Agricultural Economics, Southern Agricultural Economics Association, vol. 19(2), pages 1-10, December.

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