RISK EVALUATION OF EARLY TERMINATION FOR PEST CONTROL IN COTTON

L. Joe Moffitt, Thomas M. Burrows, John L. Baritelle and Vahram Sevacherian

Western Journal of Agricultural Economics, 1984, vol. 09, issue 01, 7

Abstract: The exponential utility, moment-generating function approach to stochastic efficiency is used to evaluate pest control technologies for cotton under normal, gamma, and beta distributed crop yields. Results suggest that early termination of cotton is more profitable than current practice but may not be preferred if risk aversion characterizes grower behavior. Research directions and policy implications are indicated.

Keywords: Crop; Production/Industries (search for similar items in EconPapers)
Date: 1984
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Citations: View citations in EconPapers (1)

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Persistent link: https://EconPapers.repec.org/RePEc:ags:wjagec:32376

DOI: 10.22004/ag.econ.32376

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