The exponential utility, moment-generating function approach to stochastic efficiency is used to evaluate pest control technologies for cotton under normal, gamma, and beta distributed crop yields. Results suggest that early termination of cotton is more profitable than current practice but may...

A basic model is presented as an expansion of the general location model for optimal organization of an industry operating in spatial markets. Complications are introduced into the model: variations in raw product costs, inventory and carryover (considerations, and multiproduct firms. Recent...