INCORPORATING ENVIRONMENTAL UNCERTAINTIES IN A RANCH SIMULATION

Cattle producers' risk ensuing from uncertain environmental conditions was quantified using a stochastic simulation model. The ability of three grazing strategies (yearlong continuous, deferred rotational, and rotational) to increase the success and survivability of ranches were evaluated. Results indicated the traditional yearlong continuous strategy was most desirable for ranchers in all risk aversion categories.


Issue Date:
Aug 02 1987
Publication Type:
Conference Paper/ Presentation
DOI and Other Identifiers:
Record Identifier:
https://ageconsearch.umn.edu/record/269979
Language:
English
Total Pages:
16




 Record created 2018-03-27, last modified 2020-10-28

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