A model of hedonic prices – implicit prices of embodied quality attributes – was developed for cotton lint and the relative importance of various quality attributes were estimated with regression analysis from sample data on observed sales of cotton. Results indicated that producer...

A dynamic optimization model which introduces an intertemporal nitrate-nitrogen residual function is used to derive and evaluate nitrogen fertilizer optimal decision rules for irrigated cotton production in the Southern High Plains of Texas. Results indicate that optimal nitrogen applications...

A procedure using linear programming and Bayesian analysis for incorporating risks associated with cattle prices and forage yields was developed for maximizing net ranch income in the Southern Plains of Texas. Risk-efficient production/marketing (buy/sell) strategies included strategies which...