@article{Moghnieh:118197, recid = {118197}, author = {Moghnieh, Ghassan A. and Featherstone, Allen M. and Goodwin, Barry K.}, title = {A Nonparametric Analysis of Cost Minimization and Profit Maximization Behavior for a Sample of Kansas Farms}, address = {1991-07}, number = {1062-2016-86105}, series = {Staff Paper}, pages = {20}, year = {1991}, abstract = {This study investigates nonparametrically the optimizing behavior of a sample of 289 Kansas farms under profit-maximizing and cost-minimizing hypotheses. The results do not support strict adherence to either optimization hypothesis. However, evidence against cost-minimizing behavior seems to be far less substantial than that against profit-maximizing behavior.}, url = {http://ageconsearch.umn.edu/record/118197}, doi = {https://doi.org/10.22004/ag.econ.118197}, }