Optimal entry and exit thresholds for Georgia commercial peach production are calculated when both price and yield follow a Brownian motion process. The thresholds are based on an irreversible sunk-cost investment model, where revenue from peach production is affected by the timing of when to...

The effect of marketing quotas and price supports on technology adoption are examined for peanut production in the southeastern United States using a real options model of investment with output price and yield uncertainty. The optimal choice of peanut production technology (dryland versus...

The purpose of this study was to determine the economic risk efficiency of implementing a boll weevil (Anthonomus grandis [Boheman]) eradication (BWE) program in cotton (Gossypium hirsutum L.) producing regions of the Mississippi Delta. Alternative producer pest management practices and program...

The quality of faculty advising has been a source of concern among students and faculty. As an initial attempt at addressing these concerns this paper summarizes the results of a faculty advising study in undergraduate agricultural economics programs. Various advising program characteristics...

Policy makers should consider price volatility effects when determining appropriate spending levels for alternative fuel programs.