The value of information and the value of theoretical models in crop response research

Research output: Contribution to journalArticlepeer-review

21 Scopus citations

Abstract

The concepts of the value of information and the value of alternative models are developed and applied to corn response research in Brazil. Soil test information was worth as much as $30 per hectare and the response model employed was worth up to $23 per hectare, but two soil classification models had negative values.

Original languageEnglish (US)
Pages (from-to)54-61
Number of pages8
JournalAmerican Journal of Agricultural Economics
Volume58
Issue number1
DOIs
StatePublished - Feb 1976
Externally publishedYes

Keywords

  • Fertilizer response
  • Soil testing
  • Value information

ASJC Scopus subject areas

  • Agricultural and Biological Sciences (miscellaneous)
  • Economics and Econometrics

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