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...

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Bibliographic Details
Main Authors: Xavier Harmon, Christopher N. Boyer, Dayton M. Lambert, James A. Larson, C. Owen Gwathmey
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