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Do Producer Risk Attitudes Effect The Sizing Of On-Farm Harvest, Drying, And Storage Systems?

Author

Listed:
  • Davis, Todd D.
  • Patrick, George F.

Abstract

An on-farm harvest, drying and storage system simulation model is used to determine how producers' risk attitudes effect combine and dryer capacity. Stochastic dominance determines the risk efficient combine and dryer set for a 2000 acre farm in central Indiana. Capacities decrease as risk aversion increases.

Suggested Citation

  • Davis, Todd D. & Patrick, George F., 1999. "Do Producer Risk Attitudes Effect The Sizing Of On-Farm Harvest, Drying, And Storage Systems?," 1999 Annual meeting, August 8-11, Nashville, TN 21640, American Agricultural Economics Association (New Name 2008: Agricultural and Applied Economics Association).
  • Handle: RePEc:ags:aaea99:21640
    DOI: 10.22004/ag.econ.21640
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    References listed on IDEAS

    as
    1. Kiker, Clyde & Lieblich, Mark, 1986. "Financial Analysis of On-Farm Grain Drying," Journal of Agricultural and Applied Economics, Cambridge University Press, vol. 18(2), pages 73-84, December.
    2. Kiker, Clyde F. & Lieblich, Mark S., 1986. "Financial Analysis Of On-Farm Grain Drying," Southern Journal of Agricultural Economics, Southern Agricultural Economics Association, vol. 18(2), pages 1-11, December.
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