@article{McSweeny:29907,
      recid = {29907},
      author = {McSweeny, William T. and Shortle, James S.},
      title = {PROBABILISTIC COST EFFECTIVENESS IN AGRICULTURAL NONPOINT  POLLUTION CONTROL},
      journal = {Southern Journal of Agricultural Economics},
      address = {1990-07},
      number = {1378-2016-110625},
      pages = {10},
      year = {1990},
      abstract = {Conceptual weaknesses in the use of costs of average  abatement as a measure of the cost effectiveness of  agricultural nonpoint pollution control are examined. A  probabilistic alternative is developed. The focus is on  methods for evaluating whole-farm pollution control plans  rather than individual practices. As a consequence, the  analysis is presented in a chance-constrained activity  analysis framework because activity procedures are a  practical and well developed device for screening farm  planes. Reliability of control is shown to be as important  as reduction targets in designing farm plans for pollution  control. Furthermore, broad-axe prescriptions of technology  in the form of Best Management Practices may perform poorly  with respect to cost effectiveness.},
      url = {http://ageconsearch.umn.edu/record/29907},
      doi = {https://doi.org/10.22004/ag.econ.29907},
}