Small Farmers' Decisions: Utility Versus Profit Maximization
Farmer's risk attitudes are modelled using the Cobb-Douglas, transcendental, negative exponential, and conjoint measurement utility functions. The farmers' perception of the riskiness ofaltemative crops are also measured and a quadratic programming algorithm is used to derive the most ef...
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| Format: | Article |
| Language: | English English |
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1982
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| Online Access: | http://psasir.upm.edu.my/id/eprint/2187/1/Small_Farmers%27_Decisions_Utility_Versus_Profit_Maximization.pdf |