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Title:Linkages Between Tenure, Risk, and Time Attitudes: Effects on Farm Business Decisions
Author(s):Boumtje, Pierre I.
Doctoral Committee Chair(s):Barry, Peter J.
Department / Program:Agricultural Economics
Discipline:Agricultural Economics
Degree Granting Institution:University of Illinois at Urbana-Champaign
Degree:Ph.D.
Genre:Dissertation
Subject(s):Economics, Agricultural
Abstract:Results of this study show that farm businesses can be analyzed in a life-cycle model, in which tenure, production, financing, and investment decisions can be jointly optimized. In this inter-temporal stochastic setting, the degree of risk aversion and changing time attitudes play important roles in decision making. But risk aversion has stronger effects than do time attitudes. Share leasing also is confirmed as an important response to risk, especially as risk aversion increases.
Issue Date:1999
Type:Text
Language:English
Description:183 p.
Thesis (Ph.D.)--University of Illinois at Urbana-Champaign, 1999.
URI:http://hdl.handle.net/2142/83043
Other Identifier(s):(MiAaPQ)AAI9952971
Date Available in IDEALS:2015-09-25
Date Deposited:1999


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