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
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)
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Persistent link: https://EconPapers.repec.org/RePEc:ags:saeatm:35025
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