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OPTIMAL PEST CONTROL IN FLORICULTURE PRODUCTION OF ORNAMENTAL CROPS

Sara K. Schumacher, Thomas Marsh and Kimberly A. Williams

No 35025, 2003 Annual Meeting, February 1-5, 2003, Mobile, Alabama from Southern Agricultural Economics Association

Abstract: We develop a conceptual bioeconomic model of floriculture production, wherein optimal decision rules depend on an intertemporal economic objective to maximize profits subject to economic and biological processes. The necessary conditions highlight intertemporal tradeoffs between aesthetic benefits and expected future net benefits of insect stocks, which have important policy implications.

Keywords: Research; Methods/; Statistical; Methods (search for similar items in EconPapers)
Pages: 39
Date: 2003
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Persistent link: https://EconPapers.repec.org/RePEc:ags:saeatm:35025

DOI: 10.22004/ag.econ.35025

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