@article{Eskridge:278548, recid = {278548}, author = {Eskridge, K.M. and Curtis, Charles E. and Hassler, James B.}, title = {Risk-Efficient Production Plans Under Alternative Measures of Income Expectations}, address = {1985-08}, number = {2141-2018-6563}, pages = {17}, year = {1985}, abstract = {Decision—making under uncertainty with income expectations conditioned on available information is contrasted with the standard risk modeling defini— tion of expectations as mean income. Two MOTAD models are specified, a traditional MOTAD and one employing an ARMA model to develop conditional expectations. The analysis indicates that income variability may be reduced by conditioning expectations on relevant information.}, url = {http://ageconsearch.umn.edu/record/278548}, doi = {https://doi.org/10.22004/ag.econ.278548}, }