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Risk Evaluation Of Early Termination For Pest Control In Cotton

Author

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  • Moffitt, L. Joe
  • Burrows, Thomas M.
  • Baritelle, John L.
  • Sevacherian, Vahram

Abstract

The exponential utility, moment-generating function approach to stochastic efficiency is used to evaluate pest control technologies for cotton under normal, gamma, and beta distributed crop yields. Results suggest that early termination of cotton is more profitable than current practice but may not be preferred if risk aversion characterizes grower behavior. Research directions and policy implications are indicated.

Suggested Citation

  • Moffitt, L. Joe & Burrows, Thomas M. & Baritelle, John L. & Sevacherian, Vahram, 1984. "Risk Evaluation Of Early Termination For Pest Control In Cotton," Western Journal of Agricultural Economics, Western Agricultural Economics Association, vol. 9(01), pages 1-7, July.
    • Handle: RePEc:ags:wjagec:32376
    DOI: 10.22004/ag.econ.32376
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    References listed on IDEAS

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    1. Gerald A. Carlson, 1970. "A Decision Theoretic Approach to Crop Disease Prediction and Control," American Journal of Agricultural Economics, Agricultural and Applied Economics Association, vol. 52(2), pages 216-223.
    2. Eichers, Theodore R., 1981. "Farm Pesticide Economic Evaluation, 1981," Agricultural Economic Reports 307899, United States Department of Agriculture, Economic Research Service.
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    Cited by:

    1. Sanneh, Njundu & Moffitt, L. Joe & Lass, Daniel A., 2001. "Stochastic Efficiency Analysis Of Community-Supported Agriculture Core Management Options," Journal of Agricultural and Resource Economics, Western Agricultural Economics Association, vol. 26(2), pages 1-14, December.

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