A PRINCIPAL-AGENT MODEL FOR REGIONAL PEST CONTROL ADOPTION

Investigating the underlying producer characteristics associated with regional pest control adoption revealed an interesting proposition. Early adopting producers of firm-specific techniques with characteristics including higher education, more specialized operations, and larger sized business units are dissatisfied with a regional pest control technique. This study provides an explanation of the proposition based on a principal-agent model. Empirical support for the proposition is also presented by developing a multinomial logit model for predicting producers' dissatisfaction with boll weevil eradication.


Issue Date:
1995-07
Publication Type:
Journal Article
PURL Identifier:
http://purl.umn.edu/15331
Published in:
Journal of Agricultural and Applied Economics, Volume 27, Number 1
Page range:
301-309
Total Pages:
9




 Record created 2017-04-01, last modified 2017-04-04

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