This paper analyzes the effects of uncertain soil loss in farm planning models. A disaggregated approach was used because of an interest in examining the impact of probabilistic soil loss constraints on farm level decisionmaking. A stochastic programming model was used to consider different levels of probability of soil loss. Traditional methods of analysis are shown to consistently overestimate net returns.
No takes yet. Share an insight, caveat, or question.
Segarra et al. (1985) studied this question.
Synapse has enriched 5 related papers. Consider them for comparative context: