Value Of Soil Test Information For Crop Production
This study was conducted to determine the value of independent and joint nitrogen and phosphorus soil tests. Generalized stochastic dominance was used to estimate the value of information. Combined information from both the nitrogen and phosphorus tests was substantially more valuable than the knowledge of only one of the tests.
|Date of creation:||1999|
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- Meyer, Jack, 1977. "Choice among distributions," Journal of Economic Theory, Elsevier, vol. 14(2), pages 326-336, April.
- Darrell J. Bosch & Vernon R. Eidman, 1987. "Valuing Information When Risk Preferences Are Nonneutral: An Application to Irrigation Scheduling," American Journal of Agricultural Economics, Agricultural and Applied Economics Association, vol. 69(3), pages 658-668.
- Babcock, Bruce A. & Carriquiry, Alicia L. & Stern, Hal S., 1996. "Evaluation of Soil Test Information in Agricultural Decision-Making," Staff General Research Papers Archive 1139, Iowa State University, Department of Economics.
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