Go to main content
Did you know? By making a gift to AgEcon Search, you are helping ensure that our small non-profit continues to provide free full-text access to 15,000 visitors a day from 170+ countries
Format
BibTeX
MARCXML
TextMARC
MARC
DublinCore
EndNote
NLM
RefWorks
RIS

Files

Abstract

A linear risk programming model of small farmer decision making was formulated and employed to evauate the impact of new technology on farm organization, income and resource utilization. The model is based substantially on the neo-classical theory of the firm. However, consideration is given to the fact that profit maximizing behaviour is constrained by sub-optional farm-household decisions. In addition to the usual resource and institutional constraints,a safety first constraint on expected net income was incorporated using a MOTAD formulation. The analysis of the results is focussed mainly on the changes in (a) enterprise combination; (b) income levels; and (c) resource utilization. Despite the limitations of the linear programming approach this type of analysis is very useful to guide research and development policies.

Details

PDF

Statistics

from
to
Export
Download Full History