@article{Watt:270124,
      recid = {270124},
      author = {Watt, David L. and Larson, James A.},
      title = {Behavioral Responses of Farmers to Risk},
      address = {1987-08-02},
      number = {2074-2018-1823},
      pages = {16},
      year = {1987},
      abstract = {Optimal control and Monte Carlo simulation are used to  measure farmers' risk attitudes. Discounting for the  probablistic life expectancy of the firm. then comparing  optimal capital structure to the observed. farmers in North  Dakota internally rationed capital at a 19vel implying a  time preference of money 6.39 percent below the rate  expected of a risk neutral participant.},
      url = {http://ageconsearch.umn.edu/record/270124},
      doi = {https://doi.org/10.22004/ag.econ.270124},
}