Concepedia

Abstract

A whole‐farm simulation analysis is used to investigate producer preferences for adoption of separate tillage practices (minimum‐till, combination‐till, or no‐till) under provisions of both the 1981 and 1985 farm bills. An analysis of preference for participation or nonparticipation in government programs under both farm bills is also considered. For risk‐averse producers, a combination‐tillage practice with program participation is found to dominate (as measured by stochastic dominance) the other strategies considered under both the 1981 and 1985 provisions.

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