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Application of the Economic Threshold for Interseasonal Pest Control
Darwin C. Hall and L. Joe Moffitt
Western Journal of Agricultural Economics
Vol. 10, No. 2 (December 1985), pp. 223-229
Published by: Western Agricultural Economics Association
Stable URL: http://www.jstor.org/stable/40987709
Page Count: 7
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We show how an interseasonal pest control problem can be simplified to enable an intraseasonal model to be empirically applied, extending the range of application of the intraseasonal model. Three alternative economic thresholds are compared. The optimal solution requires repeated computations by the farmer to compute the profit maximizing dose, with a corresponding threshold, for each pest infestation. Two alternative decision rules require a single computation by the farmer for the threshold and dosage rate. An empirical illustration shows that, relative to the optimal solution which is computationally burdensome to the farmer, little net revenue is lost by using one of the thresholds based upon a simpler decision rule.
Western Journal of Agricultural Economics © 1985 Western Agricultural Economics Association