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A REAL OPTIONS APPROACH TO INVESTMENT ANALYSIS OF AUTOMATIC MILKING SYSTEMS
Engel, Phoebe D.; Hyde, Jeffrey
2003
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Abstract

Automatic, or robotic, milking systems are beginning to be introduced to U.S. dairy farmers. This paper employs an ex ante approach to real options investment analysis of automatic milking systems.

Details

Title
A REAL OPTIONS APPROACH TO INVESTMENT ANALYSIS OF AUTOMATIC MILKING SYSTEMS
Author(s)
Engel, Phoebe D.
Hyde, Jeffrey
Subject(s)
Issue Date
2003
Publication Type
Conference Paper/ Presentation
DOI and Other Identifiers
10.22004/ag.econ.22216
Record Identifier
https://ageconsearch.umn.edu/record/22216
PURL Identifier
http://purl.umn.edu/22216
Language
English
Total Pages
25
Series Statement
Selected Paper
Record Appears in
Agricultural and Applied Economics Association (AAEA) > Agricultural and Applied Economics Association (AAEA) Conferences > 2003 Annual meeting, July 27-30, Montreal, Canada

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