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We propose a strategy to identify the complementarity or substitutability among technology bundles. Differences between the observed distribution of technology choices can be subjected to statistical tests. Combinations of technologies that occur with greater frequency than would occur under...
Persistent link: https://www.econbiz.de/10011041678
This paper introduces contest efficiency as an alternative to rent dissipation when measuring efficiency in a contest with asymmetric valuations. Contest efficiency is defined as the expected proportion of the maximum obtainable benefit captured by the contest, and differs from rent dissipation...
Persistent link: https://www.econbiz.de/10005067960
Understanding choice under risk requires knowledge of beliefs and preferences. A variety of methods have been proposed to elicit peoples’ beliefs. The efficacy of alternative methods, however, has not been rigorously documented. Herein we use an experiment to test whether an induced...
Persistent link: https://www.econbiz.de/10005678152
New pesticidal crops are taking advantage of advances in geneticengineering. For example, corn has been engineered to express Bt proteinsthat are toxic to the European corn borer. These crops are effective pestmanagement tools for United States growers. However, there is concern thatpests will...
Persistent link: https://www.econbiz.de/10005684222
Confirming the precision agriculture hypothesis for variable rate nitrogen applications (VRA) is challenging. To confront this challenge, researchers have used increasingly sophisticated statistical models to estimate and compare site-specific crop response functions (SSCRFs). While progress has...
Persistent link: https://www.econbiz.de/10005500703
We explore the value of soil test, topographical, and remote sensing information for guiding variable rate fertilizer applications in corn. Results suggest combining topographical and remote sensing information is more valuable than conventional soil tests. Considered separately, topographical...
Persistent link: https://www.econbiz.de/10005503621
We develop a dynamic bioeconomic model of temporally optimal dynamic refuge recommendations for resistance management when a backstop technology arrives at a known date. The impact of the characteristics of the backstop on the use of the current technology, and the difference between static and...
Persistent link: https://www.econbiz.de/10005503635
Restricting or eliminating the use of atrazine in the Midwest would have important economic consequences for farmers, consumers, and the environment. These consequences can only be evaluated with cooperation between economists and weed scientists. The weed control choice set available to farmers...
Persistent link: https://www.econbiz.de/10005513996