Voluntary Economic and Environmental Risk Tradeoffs in Crop Protection Decisions

Luanne Lohr, Timothy Park and Michael Wetzstein

Agricultural and Resource Economics Review, 1998, vol. 27, issue 1, 108-116

Abstract: An indirect utility model is employed for measuring farmers’ willingness to voluntarily accept yield losses for a reduction in environmental risk by decreasing pesticide use. Results support the hypothesis that farmers have self-described risk perceptions that enable them to make assessments of risk-yield tradeoffs. Policies designed to encourage and assist farmers making voluntary pesticide reductions can result in environmental risk reduction.

Date: 1998
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Journal Article: VOLUNTARY ECONOMIC AND ENVIRONMENTAL RISK TRADEOFFS IN CROP PROTECTION DECISIONS (1998)
Working Paper: VOLUNTARY ECONOMIC AND ENVIRONMENTAL RISK TRADEOFFS IN CROP PROTECTION DECISIONS (1997)
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Persistent link: https://EconPapers.repec.org/RePEc:cup:agrerw:v:27:y:1998:i:01:p:108-116_00

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