OPTIMAL GOVERNMENT POLICY IN RESPONSE TO BOVINE SOMATOTROPIN
Tauer, Loren W.; Kaiser, Harry M.
1989

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Abstract

A discrete optimal control model is constructed and solved to determine optimal adjustments in dairy policy over time in response to bovine somatotropin. Results indicate that government should remove cows after bST is widely adopted. The ability to wait is beneficial since the impact of bST is yet unknown.

Details

Title OPTIMAL GOVERNMENT POLICY IN RESPONSE TO BOVINE SOMATOTROPIN
Author(s) Tauer, Loren W.
Kaiser, Harry M.
Subject(s)
Issue Date Jul 30 1989
Publication Type Conference Paper/ Presentation
DOI and Other Identifiers 10.22004/ag.econ.270658
Record Identifier https://ageconsearch.umn.edu/record/270658
Language English
Total Pages 14
Record Appears in Agricultural and Applied Economics Association (AAEA) > Agricultural and Applied Economics Association (AAEA) Conferences > 1989 Annual Meeting, July 30-August 2, Baton Rouge, Louisiana

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