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Filtering by: Subject Farm management -- Mathematical models Subject Agriculture -- Economic aspects

The effect of various management and policy options on the financial stress situation of Oregon grain and cattle producers

Creator:

Hewlett, John P.

Abstract:

Agricultural economists have devoted considerable attention to the financial stress situation of agricultural producers. Many studies have been conducted in various regions of the U.S. in an attempt to better understand the causes of the problem. The costs associated with farm financial stress imply corresponding benefits to be realized by...

Resource Type:

Masters Thesis

Full Text:

ALLEVIATING FARM FINANCIAL STRESS 28 OVERVIEW OF SIMULATION MODEL FOR THIS STUDY 33 3 DATA AND
Risk modeling using direct solution of expected utility maximization problems

Creator:

Lambert, David K.

Abstract:

A model of agricultural decision making is developed and tested in this thesis. The expected value of utility evaluated under alternative outcomes is directly maximized in a nonlinear programming model. Two features of the model distinguished it from traditional risk programming models. First, alternative attitudes towards the assumption of risk...

Resource Type:

Dissertation

Full Text:

Data for Farm Plan Example 24 11-2 Parameters of the Three Data Sets 35 11-3 Model Solutions