MANAGING AGRICULTURAL NITRATE CONTAMINATION OF GROUND WATER: IMPACTS OF UNCERTAINTY ON POLICY FORMULATION
John M. Halstead,
Sandra S. Batie,
Conrad D. Heatwole,
Penelope L. Diebel and
Randall Kramer ()
No 270524, 1989 Annual Meeting, July 30-August 2, Baton Rouge, Louisiana from American Agricultural Economics Association (New Name 2008: Agricultural and Applied Economics Association)
Unlike point-source contaminants, agricultural contaminants of ground water are often stochastic in nature •. Chance constrained programming model results for a representative Virginia dairy farm demonstrate that when the stochastic nature of nitrate loading to ground water is considered, costs of policy implementation increase substantially over simply using deterministic constraints.
Keywords: Agricultural and Food Policy; Resource /Energy Economics and Policy; Risk and Uncertainty (search for similar items in EconPapers)
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