Optimal pest control in greenhouse production of ornamental crops
In this study, we develop a conceptual bioeconomic model of floriculture production with aesthetic benefits, wherein optimal decision rules depend on an intertemporal economic objective to maximize profits subject to economic and biological processes. Necessary conditions of the model identify optimal trajectories (e.g., simultaneous, single, or cycling controls) that define decision rules and economic thresholds for profit maximizing growers producing crops with aesthetic attributes. The necessary conditions also highlight intertemporal trade-offs between aesthetic benefits and expected future net benefits of arthropod stocks, which have important policy implications. The model is applied to the greenhouse production system of ivy geranium. Copyright 2006 International Association of Agricultural Economics.
Year of publication: |
2006
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Authors: | Schumacher, Sara K. ; Marsh, Thomas L. ; Williams, Kimberly A. |
Published in: |
Agricultural Economics. - International Association of Agricultural Economists - IAAE, ISSN 0169-5150. - Vol. 34.2006, 1, p. 39-50
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Publisher: |
International Association of Agricultural Economists - IAAE |
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