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Risk Preferences Of Agricultual Producers:Their Measurement And Use

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  • Young, Douglas
  • Lin, William
  • Pope, Rulon
  • Robison, Lindon
  • Selley, Roger

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  • Young, Douglas & Lin, William & Pope, Rulon & Robison, Lindon & Selley, Roger, 1979. "Risk Preferences Of Agricultual Producers:Their Measurement And Use," Risk Management in Agriculture: Behavioral, Managerial, and Policy Issues, January 25-26, 1979, San Francisco, California 271459, Regional Research Projects > W-149: An Economic Evaluation of Managing Market Risks in Agriculture.
    • Handle: RePEc:ags:rrwr79:271459
    DOI: 10.22004/ag.econ.271459
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    References listed on IDEAS

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    1. Halter, A.N. & Mason, Robert, 1978. "Utility Measurement For Those Who Need To Know," Western Journal of Agricultural Economics, Western Agricultural Economics Association, vol. 3(2), pages 1-12, December.
    2. P. B. R. Hazell, 1971. "A Linear Alternative to Quadratic and Semivariance Programming for Farm Planning under Uncertainty," American Journal of Agricultural Economics, Agricultural and Applied Economics Association, vol. 53(1), pages 53-62.
    3. Dillon, John L., 1971. "An Expository Review of Bernoullian Decision Theory in Agriculture: Is Utility Futility?," Review of Marketing and Agricultural Economics, Australian Agricultural and Resource Economics Society, vol. 39(01), pages 1-78, March.
    4. J. G. Sutinen, 1975. "The Rational Choice of Share Leasing and Implications for Efficiency," American Journal of Agricultural Economics, Agricultural and Applied Economics Association, vol. 57(4), pages 613-621.
    5. John L. Dillon & Pasquale L. Scandizzo, 1978. "Risk Attitudes of Subsistence Farmers in Northeast Brazil: A Sampling Approach," American Journal of Agricultural Economics, Agricultural and Applied Economics Association, vol. 60(3), pages 425-435.
    6. P. B. R. Hazell, 1971. "A Linear Alternative to Quadratic and Semivariance Programming for Farm Planning under Uncertainty: Reply," American Journal of Agricultural Economics, Agricultural and Applied Economics Association, vol. 53(4), pages 664-665.
    7. Lars Brink & Bruce McCarl, 1978. "The Tradeoff between Expected Return and Risk Among Cornbelt Farmers," American Journal of Agricultural Economics, Agricultural and Applied Economics Association, vol. 60(2), pages 259-263.
    8. Jerome M. Wolgin, 1975. "Resource Allocation and Risk: A Case Study of Smallholder Agriculture in Kenya," American Journal of Agricultural Economics, Agricultural and Applied Economics Association, vol. 57(4), pages 622-630.
    9. Anderson, Jock R. & Dillon, John L. & Hardaker, Brian, 1977. "Agricultural Decision Analysis," Monographs: Applied Economics, AgEcon Search, number 288652, July.
    10. Robison, Lindon J. & King, Robert J., 1978. "Specification of Micro Risk Models for Farm Management and Policy Research," Agricultural Economic Report Series 201245, Michigan State University, Department of Agricultural, Food, and Resource Economics.
    11. Emilio M. Francisco & Jock R. Anderson, 1972. "Chance And Choice West Of The Darling," Australian Journal of Agricultural and Resource Economics, Australian Agricultural and Resource Economics Society, vol. 16(2), pages 82-93, August.
    12. Pyle, David H & Turnovsky, Stephen J, 1970. "Safety-First and Expected Utility Maximization in Mean-Standard Deviation Portfolio Analysis," The Review of Economics and Statistics, MIT Press, vol. 52(1), pages 75-81, February.
    13. Jock R. Anderson, 1972. "Risk And Farm Size In The Pastoral Zone," Australian Journal of Agricultural and Resource Economics, Australian Agricultural and Resource Economics Society, vol. 16(1), pages 1-10, April.
    14. A. E. Baquet & A. N. Halter & Frank S. Conklin, 1976. "The Value of Frost Forecasting: A Bayesian Appraisal," American Journal of Agricultural Economics, Agricultural and Applied Economics Association, vol. 58(3), pages 511-520.
    15. Thomas B. Wiens, 1976. "Peasant Risk Aversion and Allocative Behavior: A Quadratic Programming Experiment," American Journal of Agricultural Economics, Agricultural and Applied Economics Association, vol. 58(4_Part_1), pages 629-635.
    16. William Lin, 1977. "Measuring Aggregate Supply Response under Instability," American Journal of Agricultural Economics, Agricultural and Applied Economics Association, vol. 59(5), pages 903-907.
    17. Traill, Bruce, 1976. "Incorporaton of Risk Variables in Econometric Supply Response Analysis," Staff Papers 184812, Cornell University, Department of Applied Economics and Management.
    18. Alain De Janvry, 1972. "Optimal Levels of Fertilization Under Risk: The Potential for Corn and Wheat Fertilization Under Alternative Price Policies in Argentina," American Journal of Agricultural Economics, Agricultural and Applied Economics Association, vol. 54(1), pages 1-10.
    19. Duane G. Harris & Richard F. Nehring, 1976. "Impact of Farm Size on the Bidding Potential for Agricultural Land," American Journal of Agricultural Economics, Agricultural and Applied Economics Association, vol. 58(2), pages 161-169.
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    Cited by:

    1. Loic Levi & Laure Latruffe & Aude Ridier, 2019. "Farm performance and investment decisions: evidence from the French (Brittany) dairy sector," Working Papers hal-02077531, HAL.
    2. Bravo-Ureta, Boris E. & Helmers, Glenn A., 1980. "E,V Frontier Analysis Using Total And Random Variance As Measures Of Risk," 1980 Annual Meeting, July 27-30, Urbana-Champaign, Illinois 279235, American Agricultural Economics Association (New Name 2008: Agricultural and Applied Economics Association).
    3. Young, Douglas L. & Van Kooten, G.C., 1988. "Incorporating Risk Into A Dynamic Programming Application: Flexcropping," Regional Research Projects > 1988: S-180 Annual Meeting, March 20-23, 1988, Savannah, Georgia 272781, Regional Research Projects > S-180: An Economic Analysis of Risk Management Strategies for Agricultural Production Firms.
    4. Harris, Thomas R. & Mapp, Harry P. Jr., 1981. "Irrigation Scheduling In The Oklahoma Panhandle Using Stochastic Dominance Theory," 1981 Annual Meeting, July 26-29, Clemson, South Carolina 279304, American Agricultural Economics Association (New Name 2008: Agricultural and Applied Economics Association).
    5. Pei Xu & Corinne Alexander & George Patrick & Wesley Musser, 2005. "Effects of Farmers' Risk Attitudes and Personality Types on Production and Marketing Decisions," Working Papers 05-10, Purdue University, College of Agriculture, Department of Agricultural Economics.
    6. Musser, Wesley N., 1994. "Progress In Risk Analysis In Regional Projects," 1994 Quantifying Long Run Agricultural Risks and Evaluating Farmer Responses Risk, Technical Committee Meeting, March 24-26, 1994, Gulf Shores State Park, Alabama 271553, Regional Research Projects > S-232: Quantifying Long Run Agricultural Risks and Evaluating Farmer Responses to Risk.
    7. Patrick, George F. & Whitaker, Suzanne H. & Blake, Brian F., 1980. "Factors Affecting Farmers' Risk-Income Preferences," 1980 Annual Meeting, July 27-30, Urbana-Champaign, Illinois 278878, American Agricultural Economics Association (New Name 2008: Agricultural and Applied Economics Association).

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