Feinerman, Eli; Voet, Hillary - In: European Review of Agricultural Economics 22 (1995) 1, pp. 103-18
The optimal long-run fertilisation and irrigation of a perennial crop is approached via two stochastic dynamic optimisation models. The first model assumes that the ex-post level of the state variable--leaf nitrogen (LN)--is known with certainty. The second model assumes that the level of leaf...