@article{Lambert:32445,
      recid = {32445},
      author = {Lambert, David K.},
      title = {CALF RETENTION AND PRODUCTION DECISIONS OVER TIME},
      journal = {Western Journal of Agricultural Economics},
      address = {1989-07},
      number = {1836-2016-150707},
      pages = {11},
      year = {1989},
      abstract = {Ranch production and marketing decisions occur  sequentially over time as uncertainty regarding future  events is resolved.  The model developed in this paper  explicitly considers the sequential nature of ranch  decision making in determining optimal strategies for calf  retention and production.  A number of optimal decisions  are reported for each period, conditional upon the state of  nature and expected future events at that decision node.   Solutions are found to be dependent on observed and  expected output prices.},
      url = {http://ageconsearch.umn.edu/record/32445},
      doi = {https://doi.org/10.22004/ag.econ.32445},
}