Carreira, Rita I.; Stoecker, Arthur L.; Epplin, Francis M. - In: Journal of Agricultural and Applied Economics 38 (2006) 03
A risk-averse irrigated corn producer would be better off choosing the more expensive subsurface drip irrigation (SDI) over center-pivot sprinkler (CPS), given limited aquifer life and swine effluent and urea fertilization. A stochastic optimization using EPIC data maximized expected utility of...