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This paper provides empirical evidence that reference-dependent preferences help to explain the amount of effort exerted by shrimpers in the Gulf of Mexico. Using survival analysis, the authors find that shrimpers tend to prolong their trip when their current trip revenue goal remains...
Persistent link: https://www.econbiz.de/10011143213
Adoption of precision agriculture technology has arrived considerable attention, but abandonment has received little. This paper identified factors motivating adoption and abandonment of precision soils sampling in cotton. Younger producers who farmed more cotton area, owned more of their...
Persistent link: https://www.econbiz.de/10005525464
Future harvests from commercial fish stocks are unlikely to increase substantially due to biological and regulatory constraints. Developing alternative sets of processed seafood products is one strategy for increasing welfare while managing the risks inherent in a variable and renewable natural...
Persistent link: https://www.econbiz.de/10005484156
The authors regret that the above paper contained an error in the calculation of the survey expansion weights (Lambert et al., 2014, p. 110). Using the notation of the paper, the expansion factor for the lth stratum was introduced as wl =agbh=ngh, where g indexes states and h indexes farm size...
Persistent link: https://www.econbiz.de/10011143212
A 2009 survey of cotton farmers in twelve states collected information about the use of georeferenced precision soil testing (PST). Adoption of PST technology and the interval until retesting were examined with a Poisson hurdle regression. Survey data were calibrated using a post-stratification...
Persistent link: https://www.econbiz.de/10010918112