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Conservation Tillage of Grain Sorghum and Soybeans:A Stochastic Dominance Analysis

Author

Listed:
  • Mikesell, Chris L.
  • Williams, Jeffery R.
  • Long, James H.

Abstract

Three tillage systems: conventional tillage, ridge tillage and notillage are evaluated using stochastic dominance with respect to a function analysis. Each tillage system is evaluated for three cropping patterns: continuous grain sorghum, continuous soybeans, and soybeans after grain sorghum. Conventional tillage continuous grain sorghum would be preferred by risk averse managers, although small changes in production costs and yield differences could lead to indifference between a no-tillage system and the conventional tillage system.

Suggested Citation

  • Mikesell, Chris L. & Williams, Jeffery R. & Long, James H., 1987. "Conservation Tillage of Grain Sorghum and Soybeans:A Stochastic Dominance Analysis," Staff Papers 133700, Kansas State University, Department of Agricultural Economics.
    • Handle: RePEc:ags:ksaesp:133700
    DOI: 10.22004/ag.econ.133700
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    References listed on IDEAS

    as
    1. Jeffery R. Williams, 1988. "A Stochastic Dominance Analysis of Tillage and Crop Insurance Practices in a Semiarid Region," American Journal of Agricultural Economics, Agricultural and Applied Economics Association, vol. 70(1), pages 112-120.
    2. Richard M. Klemme, 1985. "A Stochastic Dominance Comparison of Reduced Tillage Systems in Corn and Soybean Production under Risk," American Journal of Agricultural Economics, Agricultural and Applied Economics Association, vol. 67(3), pages 550-556.
    3. Mark J. Cochran & Lindon J. Robison & Weldon Lodwick, 1985. "Improving the Efficiency of Stochastic Dominance Techniques Using Convex Set Stochastic Dominance," American Journal of Agricultural Economics, Agricultural and Applied Economics Association, vol. 67(2), pages 289-295.
    4. Robert P. King & Lindon J. Robison, 1981. "An Interval Approach to Measuring Decision Maker Preferences," American Journal of Agricultural Economics, Agricultural and Applied Economics Association, vol. 63(3), pages 510-520.
    5. Bruce A. McCarl & Thomas O. Knight & James R. Wilson & James B. Hastie, 1987. "Stochastic Dominance over Potential Portfolios: Caution Regarding Covariance," American Journal of Agricultural Economics, Agricultural and Applied Economics Association, vol. 69(4), pages 804-812.
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