Investigates the split application of nitrogen for rainfed corn in the Midwest using two-stage decision model. Ex post analysis of late nitrogen application; Ex ante analysis of preplant nitrogen application: Use of information from the Erosion Productivity Impact Calculator (EPIC); Implications...

The risk premium and the probability premium are used to determine appropriate coefficients of absolute risk aversion under CARA utility. A defensible range of risk aversion coefficients is defined by the coefficients that correspond to risk premiums falling between 1 and 99% of the amount at...