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Psychological Type of Farm/Ranch Operators: Relationship to Financial Measures

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  • H. Douglas Jose
  • James A. Crumly

Abstract

Psychological characteristics of farm and ranch operators influence business decisions and the ability of the business to respond effectively to changes in the operating environment. A study was conducted to identify the psychological type of farm families and the effect of type a management objectives. The rural population studied was found to have different psychological preferences than the general population. These differences affect decision processes and have implications for group actions, effective education programs, and acceptable public policies. Consultants working with farm families will be more effective if these preferences are recognized.

Suggested Citation

  • H. Douglas Jose & James A. Crumly, 1993. "Psychological Type of Farm/Ranch Operators: Relationship to Financial Measures," Review of Agricultural Economics, Agricultural and Applied Economics Association, vol. 15(1), pages 121-132.
    • Handle: RePEc:oup:revage:v:15:y:1993:i:1:p:121-132.
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    File URL: http://hdl.handle.net/10.2307/1349716
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    Cited by:

    1. Peter Nuthall, 2009. "Modelling the origins of managerial ability in agricultural production ," Australian Journal of Agricultural and Resource Economics, Australian Agricultural and Resource Economics Society, vol. 53(3), pages 413-436, July.
    2. Rougoor, Carin W. & Trip, Ger & Huirne, Ruud B. M. & Renkema, Jan A., 1998. "How to define and study farmers' management capacity: theory and use in agricultural economics," Agricultural Economics, Blackwell, vol. 18(3), pages 261-272, May.
    3. Nuthall, P. L., 2001. "Managerial ability -- a review of its basis and potential improvement using psychological concepts," Agricultural Economics, Blackwell, vol. 24(3), pages 247-262, March.
    4. Ihli, Hanna Julia & Gassner, Anja & Musshoff, Oliver, 2018. "Experimental insights on the investment behavior of small-scale coffee farmers in central Uganda under risk and uncertainty," Journal of Behavioral and Experimental Economics (formerly The Journal of Socio-Economics), Elsevier, vol. 75(C), pages 31-44.
    5. Bastian, Christopher & Tejeda, Hernan & Hatzenbuehler, Patrick & Fuller, Kate Binzen & Hewlett, John & Westerhold, Ashlee & Sand, Shannon, 2022. "A Research-Based Extension Curriculum to Improve Negotiation Skills and Outcomes for Agricultural Stakeholders," Applied Economics Teaching Resources (AETR), Agricultural and Applied Economics Association, vol. 4(3), August.

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