DO PRODUCER RISK ATTITUDES EFFECT THE SIZING OF ON-FARM HARVEST, DRYING, AND STORAGE SYSTEMS?
Davis, Todd D.; Patrick, George F.
1999

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Abstract

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.

Details

Title DO PRODUCER RISK ATTITUDES EFFECT THE SIZING OF ON-FARM HARVEST, DRYING, AND STORAGE SYSTEMS?
Author(s) Davis, Todd D.
Patrick, George F.
Subject(s)
Issue Date 1999
Publication Type Conference Paper/ Presentation
DOI and Other Identifiers 10.22004/ag.econ.21640
Record Identifier https://ageconsearch.umn.edu/record/21640
PURL Identifier http://purl.umn.edu/21640
Language English
Total Pages 14
Series Statement Selected Paper
Record Appears in Agricultural and Applied Economics Association (AAEA) > Agricultural and Applied Economics Association (AAEA) Conferences > 1999 Annual meeting, August 8-11, Nashville, TN

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