The Effect of Anticipated Farm Failure on the.Agricultural Land Market

In this paper, optimal decision rules are derived for land purchases and sales and debt scheduling when the possibility of bankruptcy exists. A market mechanism is also developed so that land prices can be determined as the equilibrium condition of the market interaction of individuals buying and selling land.


Issue Date:
Aug 01 1988
Publication Type:
Conference Paper/ Presentation
Record Identifier:
http://ageconsearch.umn.edu/record/270186
Language:
English
Total Pages:
17




 Record created 2018-03-29, last modified 2018-03-29

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