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The current debate over resistance management plans mandated by the Environmental Protection Agency for transgenic crops ignores management practices that are complementary to refuge schemes. A dynamic production model is developed that measures the costs and benefits of crop rotation and...
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This paper develops a model analyzing the first best policy for a social planner when pesticide use causes resistance, the level of pest infestation is heterogeneous among farmers, and the development of a backstop technology is an endogenous and uncertain process which depends on the cumulative...
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