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	Provedor de dados AgEcon (1) Autor Bergstrom, John C. (1) Cai, Ruohong (1) Mullen, Jeffrey D. (1) Wetzstein, Michael E. (1) Palavra-chave Acreage response (1) Bellman equation (1) Crop Production/Industries (1) Crop rotation (1) Research Methods/ Statistical Methods (1) Tipo do documento Working or Discussion Paper (1) Ano 2011 (1) País United States (1) Idioma Inglês (1)		Ordenar por:  Relevância Autor Título Ano Registros recuperados: 1 Primeira ... 1 ... Última A Dynamic Optimal Crop Rotation Model in Acreage Response AgEcon Cai, Ruohong; Bergstrom, John C.; Mullen, Jeffrey D.; Wetzstein, Michael E.. This paper presents a dynamic crop rotation model that shows how crop yield and price volatility could impact crop mix and acreage response under crop rotation considerations. Specifically, a discrete Markov decision model is utilized to optimize producers’ crop rotation decision within a finite horizon. By maximizing net present value of expected current and future profits, a modified Bellman equation helps develop optimum planting decisions. This model is capable of simulating crop rotations with different lengths and structures. Specifically, the corn-soybeans rotations were simulated using the crop rotation model. Tipo: Working or Discussion Paper Palavras-chave: Crop rotation; Acreage response; Bellman equation; Crop Production/Industries; Research Methods/ Statistical Methods. Ano: 2011 URL: http://purl.umn.edu/103949 Registros recuperados: 1 Primeira ... 1 ... Última

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