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The Effect Of Spatial Variability Of Irrigation Applications On Risk-Efficient Irrigation Strategies

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  • Bernardo, Daniel J.

Abstract

The effect of irrigation system uniformity on the selection of risk-efficient irrigation strategies is evaluated using crop simulation and stochastic dominance procedures. Alternative strategies are evaluated under assumptions of both uniform and non-uniform application. Results indicate that the variability of net returns resulting from the employment of a specified schedule increases when irrigation uniformity is explicitly represented. Solutions derived using economic efficiency and stochastic dominance criteria indicate that the uniformity with which irrigations are applied contributes to the application of water-intensive irrigation schedules.

Suggested Citation

  • Bernardo, Daniel J., 1988. "The Effect Of Spatial Variability Of Irrigation Applications On Risk-Efficient Irrigation Strategies," Southern Journal of Agricultural Economics, Southern Agricultural Economics Association, vol. 20(01), July.
  • Handle: RePEc:ags:sojoae:29715
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    File URL: http://purl.umn.edu/29715
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    References listed on IDEAS

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    1. Hadar, Josef & Russell, William R, 1969. "Rules for Ordering Uncertain Prospects," American Economic Review, American Economic Association, vol. 59(1), pages 25-34, March.
    2. G. Hanoch & H. Levy, 1969. "The Efficiency Analysis of Choices Involving Risk," Review of Economic Studies, Oxford University Press, vol. 36(3), pages 335-346.
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    Cited by:

    1. Oriade, Caleb A. & Dillon, Carl R., 1997. "Developments in biophysical and bioeconomic simulation of agricultural systems: a review," Agricultural Economics, Blackwell, vol. 17(1), pages 45-58, October.
    2. Oriade, Caleb A. & Dillon, Carl R., 1997. "Developments in biophysical and bioeconomic simulation of agricultural systems: a review," Agricultural Economics of Agricultural Economists, International Association of Agricultural Economists, vol. 17(1), October.
    3. Babcock, Bruce A. & Shogren, Jason F., 1995. "The cost of agricultural production risk," Agricultural Economics of Agricultural Economists, International Association of Agricultural Economists, vol. 12(2), August.

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    Keywords

    Crop Production/Industries;

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