MANAGING RISK BY COORDINATING INVESTMENT, MARKETING, AND PRODUCTION STRATEGIES

This study of the farm firm integrates long run investment and financial decisions, and short-run production and marketing decisions into a single decision framework that includes both time and risk. The results suggest that the use of various strategies for managing market risks allow the entrepreneur to accept mores risk in investing and producing; and that an integrated analysis of production, marketing and investment-financing alternatives is essential to make accurate recommendations about risk management strategies.


Issue Date:
1983-12
Publication Type:
Journal Article
Record Identifier:
http://ageconsearch.umn.edu/record/32087
PURL Identifier:
http://purl.umn.edu/32087
Published in:
Western Journal of Agricultural Economics, 08, 2
Page range:
155-169
Total Pages:
15




 Record created 2017-04-01, last modified 2018-11-28

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