A Stochastic Programming Analysis of the Farm Level Implications of Soil Erosion Control
Eduardo Segarra (),
Randall Kramer () and
Journal of Agricultural and Applied Economics, 1985, vol. 17, issue 2, 147-154
This paper analyzes the effects of uncertain soil loss in farm planning models. A disaggregated approach was used because of an interest in examining the impact of probabilistic soil loss constraints on farm level decisionmaking. A stochastic programming model was used to consider different levels of probability of soil loss. Traditional methods of analysis are shown to consistently overestimate net returns.
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Journal Article: A STOCHASTIC PROGRAMMING ANALYSIS OF THE FARM LEVEL IMPLICATIONS OF SOIL EROSION CONTROL (1985)
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Persistent link: https://EconPapers.repec.org/RePEc:cup:jagaec:v:17:y:1985:i:02:p:147-154_02
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