Herbicides account for approximately 2.2% of total farm expenses and are applied to more than 80% of farmland in the USA. The widespread adoption of herbicides contributed to the increased and relatively cheaper productivity of modern intensively managed agricultural systems in developed...

This study combines whole farm economic analysis with biophysical simulation techniques in order to achieve a twofold objective. First, the study seeks to develop a multiple enterprise vegetable farm model with a production and marketing decision interface and, second, to determine optimal...

One of the most frequently used arguments to explain the increased use of contractual arrangements is that risk drives the choice of contracts. However, there is limited empirical support for this argument. A Bayesian ordered probit formulation is utilized in this study to examine the impact of...