7 research outputs found

    Linkages Between Tenure, Risk, and Time Attitudes: Effects on Farm Business Decisions

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    183 p.Thesis (Ph.D.)--University of Illinois at Urbana-Champaign, 1999.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.U of I OnlyRestricted to the U of I community idenfinitely during batch ingest of legacy ETD

    Linkages Between Tenure, Risk, and Time Attitudes: Effects on Farm Business Decisions

    No full text
    183 p.Thesis (Ph.D.)--University of Illinois at Urbana-Champaign, 1999.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.U of I OnlyRestricted to the U of I community idenfinitely during batch ingest of legacy ETD

    REDIRECTING UNIVERSITY EXTENSION SERVICES TO AN ALTERNATIVE CLIENTELE IN THE GOLF INDUSTRY

    No full text
    This study explores the partial redirection of university extension services to the golf industry given the farmer-clientele's declining demand. Econometric results indicate that the clientele's demand depends on the golf facility's size, the managers' industry experience and the urgency of growth-, pest- and labor-related concerns
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