Knowledge Center Catalog

Consideration of risk in soil conservation analysis

By: Material type: ArticleArticleLanguage: En Publication details: 1988ISSN:
  • 0022-4561
Subject(s): DDC classification:
  • 89-041067
 In: Journal of Soil and Water Conservation v. 42, no. 6, p. 435-43789-041067Summary: Farm-level soil conservation decisions with uncertain income are examined. Results from a stochastic economics model show that the variability in farm income due to crop prices, crop yield, weather and farmers' risk attitudes influence the selection of a soil conservation management system. Public conservation programs can be more effective if they are based on analyses considering uncertainty. Two decision criteria, expected utility maximisation and safty-first, were selected to compare the ranking of certain management systems under each criterion.
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Item type Current library Collection Call number Copy number Status Date due Barcode Item holds
Article CIMMYT Knowledge Center: John Woolston Library AGRIS Collection 89-041067 (Browse shelf(Opens below)) 1 Available 89-041067
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Tables, references p. 437

Farm-level soil conservation decisions with uncertain income are examined. Results from a stochastic economics model show that the variability in farm income due to crop prices, crop yield, weather and farmers' risk attitudes influence the selection of a soil conservation management system. Public conservation programs can be more effective if they are based on analyses considering uncertainty. Two decision criteria, expected utility maximisation and safty-first, were selected to compare the ranking of certain management systems under each criterion.

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