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Economics of Wild Oats Control: An Application of a Stochastic Dynamic Programming Model

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  • Pandey, Sushil

Abstract

Current weed control decisions influence future profits through their effects on the seed bank. Thus all future benefits and costs need to be considered for deriving an optimal level of weed control. In this paper a stochastic dynamic programming model is developed for evaluating alternative policies for controlling wild oats seeds in the soil and the policies examined are alternative rates of pre- and post-emergent herbicides and crop rotation. The basic model consists of a wild oats population dynamics model, wheat yield response to wild oats, and dose response to various quantities of herbicides. Densities of wild oats and herbicide performance are considered to be uncertain. Optimal decision rules are derived for both risk-averse and risk-neutral farmers.

Suggested Citation

  • Pandey, Sushil, 1989. "Economics of Wild Oats Control: An Application of a Stochastic Dynamic Programming Model," Discussion Papers 230955, University of Western Australia, School of Agricultural and Resource Economics.
  • Handle: RePEc:ags:uwapdp:230955
    DOI: 10.22004/ag.econ.230955
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    File URL: https://ageconsearch.umn.edu/record/230955/files/UWA%202%201989.pdf
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    Cited by:

    1. Pannell, David J, 1989. "A Model of Wheat Yield Response to Application of Diclofop-Methyl to Control Ryegrass (Lolium Rigidum)," Discussion Papers 232314, University of Western Australia, School of Agricultural and Resource Economics.
    2. J. Pannell, David, 1991. "Pests and pesticides, risk and risk aversion," Agricultural Economics, Blackwell, vol. 5(4), pages 361-383, August.
    3. Swinton, Scott M. & King, Robert P., 1990. "Weedsim: A Bioeconomic Model Of Weed Management In Corn," Staff Papers 14164, University of Minnesota, Department of Applied Economics.
    4. David J. Pannell, 1990. "An Economic Response Model Of Herbicide Application For Weed Control," Australian Journal of Agricultural and Resource Economics, Australian Agricultural and Resource Economics Society, vol. 34(3), pages 223-241, December.
    5. Swinton, Scott M. & King, Robert P., 1994. "A bioeconomic model for weed management in corn and soybean," Agricultural Systems, Elsevier, vol. 44(3), pages 313-335.

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