THE USE OF DECISION ANALYSIS TO EVALUATE THE ECONOMIC EFFECTS OF HEAT MOUNT DETECTORS IN TWO DAIRY HERDS
- 10 March 1975
- journal article
- Published by Wiley in Australian Veterinary Journal
- Vol. 51 (3), 114-121
- https://doi.org/10.1111/j.1751-0813.1975.tb09431.x
Abstract
This paper reports a decrease in the interval from calving to conception in two commercial dairy herds, associated with the use of KaMaR Heat Mount Detectors. An economic analysis of the results uses a neoclassical decision theory approach to demonstrate that the use of heat mount detectors is likely to be profitable, with an expected net return of $154.18 per 100 calvings. The analysis demonstrates the suitability of a decision-theoretic approach to the analysis of applied research, and illustrates some of the weaknesses of "Classical" statistical analysis in such circumstances.Keywords
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