RISK, UTILITY AND THE PALATABILTY OF EXTENSION ADVICE TO FARMER GROUPS

Using the results of an empirical study of farmers' utility functions, evidence is presented that risk plays a measurable role in farmer decision making. The extension implications of such risk influences are discussed with particular emphasis on the possible efficacy of using group utility functions as a basis for group recommendations.


Issue Date:
1967-12
Publication Type:
Journal Article
PURL Identifier:
http://purl.umn.edu/22753
Published in:
Australian Journal of Agricultural Economics, Volume 11, Number 2
Page range:
171-183
Total Pages:
13




 Record created 2017-04-01, last modified 2017-08-24

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