Genetic Information in Agricultural Productivity and Product Development
探讨精准育种技术如何通过增加生产中的信息投入，提升加工产品多样性、生产率水平及其变化率，并分析信息如何激励投资与产品差异化，以及遗传一致性如何通过过程实验加速学习和技术变革。
Two prominent features of recent changes in agriculture have been the advent of precision breeding techniques and an increase in the level of information netputs in production. This article identifies ways in which these features may complement in expanding the variety of processed products, level of productivity, and rate of change in productivity. Using a martingale concept of information, we identify conditions under which information increases the incentives to invest and engage in product differentiation activities. A theory on how genetic uniformity can enhance the rate of learning through process experimentation, and so the rate of technical change, is developed.