Soil Conservation Management Systems Under Uncertainty

Success of a soil conservation program depends on the number of acres on which recommended practices are implemented. If risk considerations are introduced in formulating plans to control soil loss, whether individuals will implement the desired management system(s) to achieve conservation objective...

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Bibliographic Details
Published in:American journal of agricultural economics Vol. 10; no. 1; pp. 111 - 124
Main Authors: Setia, Parveen P., Johnson, Gary V.
Format: Journal Article
Language:English
Published: Oxford University Press 01-01-1988
Online Access:Get full text
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Summary:Success of a soil conservation program depends on the number of acres on which recommended practices are implemented. If risk considerations are introduced in formulating plans to control soil loss, whether individuals will implement the desired management system(s) to achieve conservation objectives established for the region is an unclear factor. This paper illustrates how expected utility maximization and safety-first decision criteria influence the selection of a soil conservation management system under uncertainty.
Bibliography:ark:/67375/HXZ-83VT48KF-T
istex:0D98108EB4A4A3EEDD2F0F22816B31DF575C2A4C
ISSN:0002-9092
1467-8276
DOI:10.1093/aepp/10.1.111