Corn, soybeans or fallow: Dynamic farmland allocation under uncertainty
This chapter develops a theoretical basis for understanding the trade-offs facing a farmer for allocating his farmland among several crops over multiple growing seasons. Specifically, we focus on the farmland allocation among two cash crops (corn and soybeans) and letting the farmland lay fallow to...
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| Main Authors: | , , |
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| Format: | text |
| Language: | English |
| Published: |
Institutional Knowledge at Singapore Management University
2019
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| Subjects: | |
| Online Access: | https://ink.library.smu.edu.sg/lkcsb_research/6199 https://ink.library.smu.edu.sg/context/lkcsb_research/article/7198/viewcontent/Corn_Soybeans_or_Fallow.pdf |
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| Institution: | Singapore Management University |
| Language: | English |