VOLUNTARY ECONOMIC AND ENVIRONMENTAL RISK TRADEOFFS IN CROP PROTECTION DECISIONS

Luanne Lohr, Timothy Park and Michael E. Wetzstein

No 16654, Faculty Series from University of Georgia, Department of Agricultural and Applied Economics

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.

Keywords: Crop Production/Industries; Environmental Economics and Policy; Risk and Uncertainty (search for similar items in EconPapers)
Pages: 28
Date: 1997
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Citations: View citations in EconPapers (1)

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Related works:
Journal Article: VOLUNTARY ECONOMIC AND ENVIRONMENTAL RISK TRADEOFFS IN CROP PROTECTION DECISIONS (1998)
Journal Article: Voluntary Economic and Environmental Risk Tradeoffs in Crop Protection Decisions (1998)
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Persistent link: https://EconPapers.repec.org/RePEc:ags:ugeofs:16654

DOI: 10.22004/ag.econ.16654

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