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2. The effect of asymmetrically held information and market power in agricultural markets
- Collection:
- Agricultural Communications Documentation Center (ACDC)
- Contributers:
- Perloff, Jeffrey M. (author), Rausser, Gordon C. (author), and Department of Agricultural and Resource Economics, University of California, Berkeley
- Format:
- Journal article
- Publication Date:
- 1983
- Published:
- USA
- Location:
- Agricultural Communications Documentation Center, Funk Library, University of Illinois Box: 100 Document Number: C08481
- Journal Title:
- American Journal of Agricultural Economics
- Journal Title Details:
- 65 (2) : 366-372
3. The value of pest information in a dynamic setting: the case of weed control
- Collection:
- Agricultural Communications Documentation Center (ACDC)
- Contributers:
- King, Robert P. (author), Swinton, Scott M. (author), and Department of Agricultural Economics, Michigan State University; Department of Agricultural and Applied Economic, University of Minnesota, St. Paul
- Format:
- Journal article
- Publication Date:
- 1994
- Published:
- USA
- Location:
- Agricultural Communications Documentation Center, Funk Library, University of Illinois Box: 100 Document Number: C08406
- Journal Title:
- American Journal of Agricultural Economics
- Journal Title Details:
- 76 (1) : 36-46
- Notes:
- search through journal, The value of weed scouting information for soil-applied and post-emergence weed management is estimated using a dynamic, whole-farm simulation model. The model simulates outcomes of four expected utility functions from management strategies using three levels of weed information. Results from a representative Minnesota corn and soybean farm indicate high value of weed seedling counts (for post-emergence control) but relatively low value of weed seed counts (for soil-applied control). While herbicide use is often reduced under information-based management, this is not always the case. (original)
4. When does voluntary coordination work? evidence from area-wide pest management
- Collection:
- Agricultural Communications Documentation Center (ACDC)
- Contributers:
- Lence, Sergio H. (author) and Singerman, Ariel (author)
- Format:
- Journal Article
- Publication Date:
- 2022-03-03
- Published:
- United States: Wiley Periodicals LLC
- Location:
- Agricultural Communications Documentation Center, Funk Library, University of Illinois Box: 204 Document Number: D12523
- Journal Title:
- American Journal of Agricultural Economics
- Notes:
- 22pgs, We introduce the “coordination frontier” (CF), a simple practical tool to assess the likelihood of success of voluntary coordination in situations where, ex ante, the collective action solution provides an appealing alternative (e.g., for pest and disease control). We demonstrate the value of information conveyed by the CF, explain how to construct the CF from experimental data, and show how to apply the CF in practice. We illustrate the concept with an application to data from a framed field economic experiment, which was designed to elicit the preferences of Florida's citrus growers regarding their willingness to coordinate actions to combat citrus greening disease. This is a highly relevant case study not only because of the significant impact caused by citrus greening on Florida's citrus industry but also because a voluntary area-wide pest management program to control it had been established in 2010 and eventually failed; a similar program is now in place in California, where the disease spread is at an earlier stage. Had the CF been available in Florida, estimates of the (aggregate) chances of successful coordination could have been shared with growers to update their beliefs regarding the chances of successful coordination to help reduce strategic uncertainty. Policymakers in California could use the CF in such way and devise ways to encourage participation to increase the chances of reaching a desired coordination threshold.