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seed. If she maximizes her present-value profits, optimal farming is shown to depend on the prices of pesticide or to apply … state mice populations only, it may be optimal to eradicate mice or to use no or a moderate amount of pesticide depending on …
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farming is shown to depend on the prices of pesticide and grain. It is either optimal to use no pesticide or a moderate amount … of pesticide or to apply a chattering control. Pest eradication is never optimal. On the other hand, if the farmer takes … pesticide depending on prices as well as on the shape of the grain production function which is determined by micro parameters …
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Price responsiveness of herbicide demand in corn for farmers in Indiana''s White River Basin using cross-section data from individual farms is estimated. Particular attention is paid to appropriate treatment of binding nonnegativity constraints. Estimation was first attempted using an approach...
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