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A sequential decision-making model was developed, and data from farm-raised catfish production were used to demonstrate its use. Outcomes of sequences of decisions which satisfied chance constraints on ending cash balances were traced through a specified time period. Discrete choice variables...
Persistent link: https://www.econbiz.de/10005320186
Although annual rainfall in the Southeast is adequate, its distribution is a potential constraint to agricultural production. Farmers require production information concerning efficient use of irrigation technology adapted to regional growing conditions. Selection of optimal position, size, and...
Persistent link: https://www.econbiz.de/10005320225
Fertilizer consumption per cubic meter of freshwater is taken as a proxy for global water quality indicator. A global model of environmental quality for 121 countries confirms the Kuznet's hypothesis. Global turning point is reached at nearly five times the average income of all countries....
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Allocation of fixed proportion of land to developed, forest, agricultural and other land uses in a watershed was modeled as an optimization problem faced by a single user. A multinomial logit model was used to estimate the effects of urbanization, demographic structure, personal income and...
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Bovine somatotropin (BST), a new technology capable of enhancing a cow's ability to produce milk by 7-23 percent, is expected to be available for commercial use soon. Ex ante survey procedures are used to determine the potential effect of BST on the size distribution of dairy farms in the...
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Conservation initiatives in the 1985 Farm Bill affected farmers' decisions regarding soil conservation. A farmer survey was conducted and a multiperiod mixed-integer programming model was developed to determine an optimal farm plan with choice of crop-tillage combinations and land retirement....
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