Comparing the Value of Soil Test Information Using Deterministic and Stochastic Yield Response Plateau Functions
We determined the value of soil test information for potassium (K) in upland cotton production using the linear response plateau (LRP) and linear response stochastic plateau (LRSP) functions. A stochastic dynamic programming model was used to determine the net present value to K fertilizer when opti...
Main Authors: | , , , , |
---|---|
Format: | Article |
Language: | English |
Published: |
Western Agricultural Economics Association
2016-05-01
|
Series: | Journal of Agricultural and Resource Economics |
Subjects: | |
Online Access: | https://ageconsearch.umn.edu/record/235192 |