Linear Response Stochastic Plateau Functions
A method of estimating a linear response stochastic plateau function is developed and used to determine optimal levels of nitrogen fertilization for wheat. Under the stochastic plateau model, optimizing behavior implies different nitrogen levels than the linear plateau model, depending on the output/input price ratio relative to a threshold level.
|Date of creation:||2003|
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- Pautsch, Gregory R. & Babcock, Bruce A. & Breidt, F. J., 1999.
"Optimal Information Acquisition Under a Geostatistical Model,"
Staff General Research Papers
1517, Iowa State University, Department of Economics.
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- Babcock, Bruce A., 1992. "Effects of Uncertainty on Optimal Nitrogen Applications (The)," Staff General Research Papers 10588, Iowa State University, Department of Economics.
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- Peter Kennedy, 2003. "A Guide to Econometrics, 5th Edition," MIT Press Books, The MIT Press, edition 5, volume 1, number 026261183x, June.
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