A Stochasitic Programming Anslysis of the Farm Level Implications of Soil Erosion Control
Taylor, Daniel B.
Kramer, Randall A.
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This paper analyzes the effects of uncertain soil loss in farm planning models. A disaggregated approach was used because of an interest in examining the impact of probabilistic soil loss constraints on farm level decision-making. A stochastic programming model was used to consider different levels of probability of soil loss. Traditional methods of analysis are shown to consistently overestimate net returns.