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A Principal-Agent Model for Regional Pest Control Adoption

Published online by Cambridge University Press:  28 April 2015

Nicolas B. C. Ahouissoussi
Nicolas B. C. Ahouissoussi*
Affiliation:
Department of Agricultural and Applied Economics, University of Georgia, Athens, Georgia
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Abstract

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.

Keywords

regional pest controlprincipal-agent modelpropositionfirm-specificindustry-specific

Information

Type
Winning Graduate Student Paper
Information
Journal of Agricultural and Applied Economics , Volume 27 , Issue 1 , July 1995 , pp. 301 - 309
Copyright
Copyright © Southern Agricultural Economics Association 1995

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