| Publications [#266776] of Randall Kramer
Papers Published
- Greene, CR; Kramer, RA; Norton, GW; Rajotte, EG; Robert, M, An economic analysis of soybean integrated pest management,
American Journal of Agricultural Economics, vol. 67 no. 3
(January, 1985),
pp. 567-572, Oxford University Press (OUP) [doi]
(last updated on 2023/04/30)
Abstract: The type ofpest management strategy a farmer chooses is influenced by the amount of risk associated with alternative strategies. This paper examines the attractiveness of alternative pest management strategies used on a representative Virginia soybean farm. Probability distfibutions of net revenue associated with alternative pest control options are simulated and then compared using generalized stochastic dominance criteria. Results suggest risk-averse and, in some cases, risk-preferring farmers would prefer strategies which incorporate an integrated pest management approach to pest control rather than one which relies completely on chemical pest control. © 1984 American Agricultural Economics Association.
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