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| Registros recuperados: 33 | |
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| Vosough Ahmadi, Bouda; Morgan, Colin A.; Stott, Alistair W.. |
| Since decoupling of the CAP, many Scottish suckler cow farms are facing financial difficulties. In response, many farmers are out-wintering extensively managed suckler cows to minimise production costs. These systems are of animal welfare concern. A range of trade-offs between animal welfare indicators and between animal welfare and farm profitability can be identified. A Dynamic Programming (DP) model was developed to study these trade-offs. Two herds were modelled assuming their feeding regimes were either low (LHERD) or high (HHERD). The objective of the DP was to maximise the expected net margin from a current cow and its successors over an infinite time horizon. Preliminary results showed that the rate of voluntary culling was higher in HHERD than in... |
| Tipo: Working or Discussion Paper |
Palavras-chave: Livestock Production/Industries; Beef cow; Economics; Dynamic programming; Animal welfare. |
| Ano: 2009 |
URL: http://purl.umn.edu/61122 |
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| Myyra, Sami; Pietola, Kyosti. |
| This article explores long-term land improvement (lime application) under land tenure insecurity on leased land. The dynamic optimisation problem is solved by a stochastic dynamic programming routine with known parameters for one-period returns and transition equations. The model parameters represent Finnish soil quality and production conditions. The farmer's decision rules are solved for alternative likelihood scenarios over the continuation of the fixed term lease contract. The results suggest that, as the probability for non-renewal of the lease contract increases, farmers quickly decrease investments in irreversible land improvement and, thereafter, yields decline gradually. The estimated decision rules are a part of larger set of farmer's decision... |
| Tipo: Conference Paper or Presentation |
Palavras-chave: Dynamic programming; Land tenure; Land improvements; Land Economics/Use. |
| Ano: 2006 |
URL: http://purl.umn.edu/31954 |
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| Knapp, Keith C.. |
| PV-optimality in a capital-resource economy can imply decreasing utility over some portion of the time horizon. Various criteria have been proposed to maintain intergenerational equity defined as nondeclining utility, but these have some limitations and problems. This paper proposes a new welfare criteria incorporating present value to maintain efficiency, and an equity function with convex costs on declining utility. This criterion is economically efficient, time-consistent and recursive. An extension of dynamic programming to multiple value functions is developed to solve this problem. Increasing the equity weight increasingly eliminates declining portions of utility time paths. Sustainability implies increasing consumption in the early time periods and... |
| Tipo: Conference Paper or Presentation |
Palavras-chave: Growth; Environment; Intergenerational equity; Dynamic programming; Research Methods/ Statistical Methods. |
| Ano: 2006 |
URL: http://purl.umn.edu/21472 |
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| Harper, Jayson K.; Mjelde, James W.; Rister, M. Edward; Way, Michael O.; Drees, Bastiaan M.. |
| The rice stink bug is a major pest of rice in Texas, causing quality related damage. The previous threshold used for assisting in rice stink bug spray decisions lacked flexibility in economic and production decision variables and neglected the dynamics of the pest population. Using stochastic dynamic programming, flexible economic thresholds for the rice stink bug were generated. The new thresholds offer several advantages over the old, static thresholds, including increased net returns, incorporation of pest dynamics, user flexibility, ease of implementation, and a systematic process for updating. |
| Tipo: Journal Article |
Palavras-chave: Economic thresholds; Dynamic programming; Pest management; Rice; Crop Production/Industries. |
| Ano: 1994 |
URL: http://purl.umn.edu/15411 |
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| Cacho, Oscar J.; Jones, Randall E.. |
| It is argued in this paper that static approaches to weed management, where the benefits and costs are only considered within a single season, are inappropriate for assessing the economic benefits of weed control technologies. There are carryover effects from weed management as weeds that escape control in one season may reproduce and replenish weed populations in following seasons. Consequently, it is appropriate to view weed control in the context of a resource management problem where the goal is to determine the optimal inter-temporal level of weed control that maximises economic benefits over some pre-determined period of time. A dynamic optimisation model for weed control is presented. Using the tools of comparative static analysis and Pontryagin's... |
| Tipo: Working or Discussion Paper |
Palavras-chave: Weed control; Resource economics; Optimal control; Dynamic programming; Wild oats; Farm Management. |
| Ano: 2000 |
URL: http://purl.umn.edu/12902 |
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| Kouka, Pierre-Justin; Duffy, Patricia A.; Taylor, C. Robert. |
| Optimal crop and livestock mix was determined for a representative Alabama farm using a dynamic programming model. Results indicate that decisions concerning livestock production are highly influenced by the amount of cotton base available on the farm. In most cases, increasing cotton base results in less cattle production. The triple base provisions of the 1990 Farm Bill, however, may give some cotton farmers an incentive to produce more stocker cattle during the winter months. Research results also indicate that the availability of farm programs can alter the optimal enterprise mix on a farm with no beginning base in cotton. |
| Tipo: Journal Article |
Palavras-chave: Farm programs; Dynamic programming; Livestock; Farm Management. |
| Ano: 1994 |
URL: http://purl.umn.edu/15407 |
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| Registros recuperados: 33 | |
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