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Farmers' decision-making: Perceptions of the importance, uncertainty, and controllability of selected factors

Author

Listed:
  • Larry W. Van Tassell

    (Department of Agricultural Economics and Rural Sociology, University of Tennessee)

  • Luther H. Keller

    (Department of Agricultural Economics and Rural Sociology, University of Tennessee)

Abstract

A survey was used to gain a broader understanding of the decision-making environment in which farmers operate and the acceptability of information available for decision-making. Farmers rated a series of nine decision variables according to their importance, degree of uncertainty, and the manageability of their influence upon the farm business. While farmers tended to give higher ratings for importance and influence to those issues they are confronted with daily, several emerging issues important to agriculture, such as public attitudes and the environment, were of less importance to farmers and|or they felt little control over them.

Suggested Citation

  • Larry W. Van Tassell & Luther H. Keller, 1991. "Farmers' decision-making: Perceptions of the importance, uncertainty, and controllability of selected factors," Agribusiness, John Wiley & Sons, Ltd., vol. 7(6), pages 523-535.
    • Handle: RePEc:wly:agribz:v:7:y:1991:i:6:p:523-535
    DOI: 10.1002/1520-6297(199111)7:6<523::AID-AGR2720070603>3.0.CO;2-N
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    References listed on IDEAS

    as
    1. Patrick, George R. & Wilson, Paul N. & Barry, Peter J. & Boggess, William G. & Young, Douglas L., 1985. "Risk Perceptions and Management Responses: Producer-Generated Hypotheses For Risk Modeling," Journal of Agricultural and Applied Economics, Cambridge University Press, vol. 17(2), pages 231-238, December.
    2. Stephen A. Ford & Emerson M. Babb, 1989. "Farmer sources and uses of information," Agribusiness, John Wiley & Sons, Ltd., vol. 5(5), pages 465-476.
    3. Jeffrey S. Bracker & Barbara W. Keats & John N. Pearson, 1988. "Planning and financial performance among small firms in a growth industry," Strategic Management Journal, Wiley Blackwell, vol. 9(6), pages 591-603, November.
    4. Patrick, George F. & Wilson, Paul N. & Barry, Peter J. & Boggess, William G. & Young, Douglas L., 1985. "Risk Perceptions And Management Responses: Producer-Generated Hypotheses For Risk Modeling," Southern Journal of Agricultural Economics, Southern Agricultural Economics Association, vol. 17(2), pages 1-8, December.
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    Cited by:

    1. Meiring, J. A. & Oosthuizen, L. K., 1995. "Risiko-Bronne En Gepaardgaande Bestuursoptrede: Persepsies Van Besproeiingsboere Benede Die P.K. Le Rouxdam," Agrekon, Agricultural Economics Association of South Africa (AEASA), vol. 34(1), March.
    2. Kim, Jong-Sun & Cameron, Donald, 2013. "Typology of farm management decision-making research," International Journal of Agricultural Management, Institute of Agricultural Management, vol. 2(2), pages 1-10, January.
    3. Bullock, W. I. & Ortmann, G. F. & Levin, J. B., 1994. "Farmer Characteristics, Risk Sources And Managerial Responses To Risk In Vegetable Farming: Evidence From Large- And Small-Scale Commercial Vegetable Farmers In Kwazulu-Natal," Agrekon, Agricultural Economics Association of South Africa (AEASA), vol. 33(3), September.

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