THE IMPORTANCE OF USING FARM LEVEL RISK ESTIMATES IN CRP ENROLLMENT DECISIONS

Easily accessible county data produced frontiers which substantially underestimated the reduction in risk by enrolling in the CRP. Furthermore, the county yield data portrayed an unattainable level of utility for a moderately risk averse farmer. Farm level data predicted CRP enrollment similar to actual enrollment in the study region.


Issue Date:
1999
Publication Type:
Conference Paper/ Presentation
PURL Identifier:
http://purl.umn.edu/35717
Total Pages:
12
Series Statement:
Selected Paper of the 1999 Annual Meeting, July 11-14, 1999, Fargo, North Dakota




 Record created 2017-04-01, last modified 2017-04-26

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