A Stochasitic Programming Anslysis of the Farm Level Implications of Soil Erosion Control

Date

1985-12

Authors

Taylor, Daniel B.
Kramer, Randall A.
Segarra, Eduardo

Journal Title

Journal ISSN

Volume Title

Publisher

Southern Agricultural Economics Association

Abstract

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.

Description

Keywords

soil conservation, stochastic programming, uncertainty

Citation

Segarra E., R.A. Kramer, D.B. Taylor. "A Stochasitic Programming Anslysis of the Farm Level Implications of Soil Erosion Control." _Southern Journal of Agriculture Economics_ 17.2 (1985):147-154.