DO PRODUCER RISK ATTITUDES EFFECT THE SIZING OF ON-FARM HARVEST, DRYING, AND STORAGE SYSTEMS?

An on-farm harvest, drying and storage system simulation model is used to determine how producers' risk attitudes effect combine and dryer capacity. Stochastic dominance determines the risk efficient combine and dryer set for a 2000 acre farm in central Indiana. Capacities decrease as risk aversion increases.


Issue Date:
1999
Publication Type:
Conference Paper/ Presentation
PURL Identifier:
http://purl.umn.edu/21640
Total Pages:
14
Series Statement:
Selected Paper




 Record created 2017-04-01, last modified 2017-11-19

Fulltext:
Download fulltext
PDF

Rate this document:

Rate this document:
1
2
3
 
(Not yet reviewed)