FLEXIBLE POSTHARVEST MARKETING STRATEGIES FOR PINTO BEANS

A model designed to identify optimal postharvest marketing strategies for pinto beans is presented. Both fixed and flexible strategies are evaluated. The flexible strategies use current market information monthly to determine whether or not storage should be continued. They clearly outperform fixed strategies for a risk neutral decision maker

WEED CONTROL STRATEGIES UNDER UNCERTAINTY

Continuous weed control strategies under uncertainty are analyzed. The analytical model considers both flexible and fixed strategies and inter-temperal relationships. At current prices annual herbicide use is optimal. At higher herbicide prices alternate year herbicide use is optimal. The framework is applicable to a wide range of pest problems