Investing In Farm Worker Housing: A Multi-Season Peak-Load Analysis Of Washington State Data
AbstractThis paper develops cost effective investment rules for farm worker housing and applies the model to farm worker housing in the state of Washington. The state must meet varying seasonal farm worker housing needs at minimum expense. In this study we examine investment rules to choose among different housing technologies in order to minimize the total costs of housing consistent with achieving welfare goals. The research extends existing peak-load models to the multi-season planning cycle case and applies the approach empirically to a new subject area.
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Bibliographic InfoPaper provided by Western Agricultural Economics Association in its series 2002 Annual Meeting, July 28-31, 2002, Long Beach, California with number 36553.
Date of creation: 2002
Date of revision:
Labor and Human Capital;
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- Hung-po Chao, 1983. "Peak Load Pricing and Capacity Planning with Demand and Supply Uncertainty," Bell Journal of Economics, The RAND Corporation, vol. 14(1), pages 179-190, Spring.
- Skiera, Bernd & Spann, Martin, 1999. "The ability to compensate for suboptimal capacity decisions by optimal pricing decisions," European Journal of Operational Research, Elsevier, vol. 118(3), pages 450-463, November.
- Gravelle, H S E, 1976. "The Peak Load Problem with Feasible Storage," Economic Journal, Royal Economic Society, vol. 86(342), pages 256-77, June.
- Brown, Gardner, Jr & Johnson, M Bruce, 1969. "Public Utility Pricing and Output under Risk," American Economic Review, American Economic Association, vol. 59(1), pages 119-28, March.
- Brennan, Donna C. & Lindner, Robert K., 1991. "Investing In Grain Storage Facilities Under Fluctuating Production," Australian Journal of Agricultural Economics, Australian Agricultural and Resource Economics Society, vol. 35(02), August.
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