ECONOMIC EFFECT OF IMPERFECT INFORMATION ON CONSERVATION DECISIONS
Resource information
Date of publication
december 1996
Resource Language
ISBN / Resource ID
AGRIS:US2012205637
Cotton farmers in the Piedmont region incorrectly believe conservation systems with winter cover crop and no-till cultivation yield less than conventional systems. We model the effect of organic matter on productivity and show how ignoring this effect causes returns to be underestimated. Farmers with imperfect information underinvest in residue management.
