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Voluntary Economic and Environmental Risk Tradeoffs in Crop Protection Decisions

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  • Lohr, Luanne
  • Park, Timothy
  • Wetzstein, Michael

Abstract

An indirect utility model is employed for measuring farmers’ willingness to voluntarily accept yield losses for a reduction in environmental risk by decreasing pesticide use. Results support the hypothesis that farmers have self-described risk perceptions that enable them to make assessments of risk-yield tradeoffs. Policies designed to encourage and assist farmers making voluntary pesticide reductions can result in environmental risk reduction.

Suggested Citation

  • Lohr, Luanne & Park, Timothy & Wetzstein, Michael, 1998. "Voluntary Economic and Environmental Risk Tradeoffs in Crop Protection Decisions," Agricultural and Resource Economics Review, Cambridge University Press, vol. 27(1), pages 108-116, April.
  • Handle: RePEc:cup:agrerw:v:27:y:1998:i:01:p:108-116_00
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    Cited by:

    1. Hasing, Tomas & Carpio, Carlos E. & Willis, David B. & Sydorovych, Olha & Marra, Michele, 2012. "The Effect of Label Information on U.S. Farmers' Herbicide Choices," Agricultural and Resource Economics Review, Cambridge University Press, vol. 41(2), pages 200-214, August.
    2. Lohr, Luanne & Park, Timothy A., 2002. "Choice of insect management portfolios by organic farmers: lessons and comparative analysis," Ecological Economics, Elsevier, vol. 43(1), pages 87-99, November.
    3. Lohr, Luanne & Park, Timothy A., 2002. "Promoting Sustainable Insect Management Strategies: Learning From Organic Farmers," Faculty Series 16650, University of Georgia, Department of Agricultural and Applied Economics.

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