Hegrenes, Agnar; Kristensen, Anders Ringgaard; Lien, … - International Association of Agricultural Economists - IAAE - 2003
A model is presented to investigate the optimal economic life cycle of grass leys with winter damage problems in northern Norway and to determine the threshold of winter damage before it is profitable to re-seed. A two-level hierarchic Markov process has been constructed using the MLHMP...