Sequential Labor Decisions under Uncertainty: An Estimable Household Model of West-African Farmers.

Sequential Labor Decisions under Uncertainty: An Estimable Household Model of West-African Farmers.

This paper reports estimates of the primitive parameters of a stochastic control model describing the labor decisions of West African small farmers. Maximum likelihood estimates are computed although optimal labor decision rules cannot be derived analytically. Vuong's non-nested model specifica...

Cur síos iomlán

Sonraí bibleagrafaíochta
Príomhchruthaitheoir:	Fafchamps, M
Formáid:	Journal article
Teanga:	English
Foilsithe / Cruthaithe:	Econometric Society 1993

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