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Optimal Pest Control In Floriculture Production Of Ornamental Crops

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  • Schumacher, Sara K.
  • Marsh, Thomas L.
  • Williams, Kimberly A.

Abstract

We develop a conceptual bioeconomic model of floriculture production, wherein optimal decision rules depend on an intertemporal economic objective to maximize profits subject to economic and biological processes. The necessary conditions highlight intertemporal tradeoffs between aesthetic benefits and expected future net benefits of insect stocks, which have important policy implications.

Suggested Citation

  • Schumacher, Sara K. & Marsh, Thomas L. & Williams, Kimberly A., 2003. "Optimal Pest Control In Floriculture Production Of Ornamental Crops," 2003 Annual Meeting, February 1-5, 2003, Mobile, Alabama 35025, Southern Agricultural Economics Association.
    • Handle: RePEc:ags:saeatm:35025
    DOI: 10.22004/ag.econ.35025
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    References listed on IDEAS

    as
    1. Thomas L. Marsh & Ray G. Huffaker & Garrell E. Long, 2000. "Optimal Control of Vector-Virus-Plant Interactions: The Case of Potato Leafroll Virus Net Necrosis," American Journal of Agricultural Economics, Agricultural and Applied Economics Association, vol. 82(3), pages 556-569.
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    7. Davis, Rex & Tisdell, Clement A., 2001. "Alternative Specifications and Extensions of the Economic Threshold Concept and the Control of Livestock Pests," Economics, Ecology and Environment Working Papers 48381, University of Queensland, School of Economics.
    8. Wirl Franz, 1995. "The Cyclical Exploitation of Renewable Resource Stocks May Be Optimal," Journal of Environmental Economics and Management, Elsevier, vol. 29(2), pages 252-261, September.
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