Peck, Dannele E.; Adams, Richard M. - In: Australian Journal of Agricultural and Resource Economics 54 (2010) 1, pp. 43-60
A multiyear discrete stochastic programming model with uncertain water supplies and inter-year crop dynamics is developed to determine: (i) whether a multiyear drought's impact can be more than the sum of its parts, and (ii) whether optimal response to 1 year of drought can increase a...
