Farm Operating Risk and Cash Rent Determination
This article examines farm operating risks and cash-rent determination through the use of the efficient set mathematics. The efficient set mathematics proves to be a pragmatic approach to characterizing operating risks, and the relationships between operating risks and cash-rent determination. Vario...
Main Authors: | , , |
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Format: | Article |
Language: | English |
Published: |
Western Agricultural Economics Association
1992-07-01
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Series: | Journal of Agricultural and Resource Economics |
Subjects: | |
Online Access: | https://ageconsearch.umn.edu/record/30733 |
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author | Calum G. Turvey Timothy G. Baker Alfons Weersink |
author_facet | Calum G. Turvey Timothy G. Baker Alfons Weersink |
author_sort | Calum G. Turvey |
collection | DOAJ |
description | This article examines farm operating risks and cash-rent determination through the use of the efficient set mathematics. The efficient set mathematics proves to be a pragmatic approach to characterizing operating risks, and the relationships between operating risks and cash-rent determination. Various separation theorems are used to postulate the relationship between operating risk and cash rents. Preliminary evidence appears to support the theoretical conclusion that operating risk and cash-rent determination are related. |
first_indexed | 2024-04-12T22:54:35Z |
format | Article |
id | doaj.art-652446eecb5e4f73b322b3368b414e1a |
institution | Directory Open Access Journal |
issn | 1068-5502 2327-8285 |
language | English |
last_indexed | 2024-04-12T22:54:35Z |
publishDate | 1992-07-01 |
publisher | Western Agricultural Economics Association |
record_format | Article |
series | Journal of Agricultural and Resource Economics |
spelling | doaj.art-652446eecb5e4f73b322b3368b414e1a2022-12-22T03:13:15ZengWestern Agricultural Economics AssociationJournal of Agricultural and Resource Economics1068-55022327-82851992-07-0117118619410.22004/ag.econ.3073330733Farm Operating Risk and Cash Rent DeterminationCalum G. TurveyTimothy G. BakerAlfons WeersinkThis article examines farm operating risks and cash-rent determination through the use of the efficient set mathematics. The efficient set mathematics proves to be a pragmatic approach to characterizing operating risks, and the relationships between operating risks and cash-rent determination. Various separation theorems are used to postulate the relationship between operating risk and cash rents. Preliminary evidence appears to support the theoretical conclusion that operating risk and cash-rent determination are related.https://ageconsearch.umn.edu/record/30733cash rentsefficient set mathematicsev analysisriskseparation theorem |
spellingShingle | Calum G. Turvey Timothy G. Baker Alfons Weersink Farm Operating Risk and Cash Rent Determination Journal of Agricultural and Resource Economics cash rents efficient set mathematics ev analysis risk separation theorem |
title | Farm Operating Risk and Cash Rent Determination |
title_full | Farm Operating Risk and Cash Rent Determination |
title_fullStr | Farm Operating Risk and Cash Rent Determination |
title_full_unstemmed | Farm Operating Risk and Cash Rent Determination |
title_short | Farm Operating Risk and Cash Rent Determination |
title_sort | farm operating risk and cash rent determination |
topic | cash rents efficient set mathematics ev analysis risk separation theorem |
url | https://ageconsearch.umn.edu/record/30733 |
work_keys_str_mv | AT calumgturvey farmoperatingriskandcashrentdetermination AT timothygbaker farmoperatingriskandcashrentdetermination AT alfonsweersink farmoperatingriskandcashrentdetermination |