@article{Tauer:121536,
      recid = {121536},
      author = {Tauer, Loren W. and Kaiser, Harry M.},
      title = {Optimal Agricultural Policy with Biotechnology: Bovine  Somatotropin and the Dairy Sector},
      address = {1990-05},
      number = {641-2016-43648},
      series = {SP 90-09},
      pages = {40},
      year = {1990},
      abstract = {A control model of the U.S. dairy sector was constructed  to determine optimal policy when bovine somatotropin is  released. Social welfare defined as consumer plus producer  surplus minus adjustment and net government costs was  maximized. Control variables were the milk support price  and government purchases of cows. Compared to previous  simulation research where government policy and adoption  were modeled exogenously, the results show that policy not  overly disruptive to the dairy sector is possible.},
      url = {http://ageconsearch.umn.edu/record/121536},
      doi = {https://doi.org/10.22004/ag.econ.121536},
}