We show that the presence of a strategic tax policy increases the incentive for a horizontal merger compared to the situation with no tax policy. Thus, we point towards a new factor, viz., strategic tax policy, for increasing the incentive for a horizontal merger that has been ignored in the...

The authors develop an expected utility model with heterogeneous individuals and apply some of the approaches developed in the energy literature to explicitly identify the public nature characteristics of susceptibility in a dynamic setting and to characterize the optimal intertemporal usage...

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...

A bioeconomic model is developed to evaluate the tradeoff between the risk of resistance and increased productivity when refuge is planted in conjunction with transgenic pesticidal corn. The model is used to evaluate controversial refuge recommendations when producers are allowed to treat refuge...

A dynamic farm production model analyzes the interaction between the externalities caused by pest mobility and the development of pesticide resistance, a nonrenewable resource, in the context of agricultural biotechnologies. The model measures the effect of farmers' myopic behavior and the...

New pesticidal crops are taking advantage of advances in genetic engineering. For example, corn has been engineered to express Bt proteins that are toxic to the European corn borer. These crops are effective pest management tools for United States growers. However, there is concern that pests...

This study estimates the costs of adoption of conservation tillage by Iowa corn farmers by utilizing the method of empirical estimation of a logit model that incorporates the full information on the attributes of agents and county aggregated measures of agents’ choices. The methodology treats...

Pest Mobility, Market Share, and the Efficacy of Refuge Requirements for Resisance Management