Klein, K.K. (author), Kramer, F. (author), and Klein: Professor, Department of Economics, The University of Lethbridge; Kramer: Research Economist, Telecommunications Canada, Hull, Quebec, Canada
Format:
Journal article
Publication Date:
1990-11
Published:
USA: New York : John Wiley & Sons
Location:
Agricultural Communications Documentation Center, Funk Library, University of Illinois Box: 89 Document Number: C06222
search through journal, The study investigates the value of additional information on the response function to soil salinity of a given crop (potatoes), with regard to a stochastic long-run optimization model for utilization of saline water in a single-farm framework. The analysis provides a conceptual and methodological framework for investigating the expected value of sample information (EVSI), as well as an efficient tool for empirical application. Although a few approximations have been used, the results provide an estimate of EVSI and indicate the need for additional information (original)