Journal article
Optimal pest control in greenhouse production of ornamental crops
Agricultural economics, Vol.34(1), pp.39-50
01/2006
Handle:
https://hdl.handle.net/2376/111491
Abstract
In this study, we develop a conceptual bioeconomic model of floriculture production with aesthetic benefits, wherein optimal decision rules depend on an intertemporal economic objective to maximize profits subject to economic and biological processes. Necessary conditions of the model identify optimal trajectories (e.g., simultaneous, single, or cycling controls) that define decision rules and economic thresholds for profit maximizing growers producing crops with aesthetic attributes. The necessary conditions also highlight intertemporal trade‐offs between aesthetic benefits and expected future net benefits of arthropod stocks, which have important policy implications. The model is applied to the greenhouse production system of ivy geranium.
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Details
- Title
- Optimal pest control in greenhouse production of ornamental crops
- Creators
- Sara K SchumacherThomas L MarshKimberly A Williams
- Publication Details
- Agricultural economics, Vol.34(1), pp.39-50
- Academic Unit
- Economic Sciences, School of
- Publisher
- Blackwell Publishing Inc; 350 Main Street , Malden , MA 02148 , USA , and 108 Cowley Road , Oxford OX4 1JF , UK
- Number of pages
- 12
- Identifiers
- 99900547430801842
- Language
- English
- Resource Type
- Journal article