This study takes the standard acreage response model that stems from an expected utility framework, accounting for both price and yield variability, and nests it within a flexible semi-nonparametric (SNP) model consistent with farm-level decision models for computationally tractable results. We...

The current debate surrounding the 2012 Farm Act stresses cutting costs while maintaining, or even strengthening, farmers’ “safety net.” One way to cut costs is to reduce or eliminate potential overlap of farm program payments. Using simulations, we explore the interaction between the...

Replaced with revised version of poster 9/2/11.

Transgenic plants producing insecticidal protein derived from Bacillus thuringiensis (Bt) have been widely adopted since their commercial introduction in 1996. The widespread adoption of such plants has reduced use of conventional insecticides while attaining yield gains, thus providing...

Transgenic plants producing insecticidal protein derived from Bacillus thuringiensis (Bt) have been widely adopted since their commercial introduction in 1996. In 2009, 25 countries planted 134 million ha of transgenic crops. The widespread adoption of such plants has reduced use of conventional...