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Responses of New England Wool Producers to the Risks Associated with Producing and Marketing Wool

Author

Listed:
  • Murray-Prior, Roy
  • Wright, Vic

Abstract

Decisions by New England wool producers were modelled with a technique combining personal construct psychology and hierarchical decision models. Both strategic and tactical approaches were evident 111 the wool producers' responses to t.he risks associated \Vith producing and marketing their wool. Strategic responses included avoiding short to mcdiumAcnn response to price changes. divcrsit1cati

Suggested Citation

  • Murray-Prior, Roy & Wright, Vic, 1996. "Responses of New England Wool Producers to the Risks Associated with Producing and Marketing Wool," 1996 Conference (40th), February 11-16, 1996, Melbourne, Australia 156592, Australian Agricultural and Resource Economics Society.
  • Handle: RePEc:ags:aare96:156592
    DOI: 10.22004/ag.econ.156592
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