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	Provedor de dados AgEcon (2) Autor Price, T. Jeffrey (2) Wetzstein, Michael E. (2) Palavra-chave Crop Production/Industries (1) Farm Management (1) Tipo do documento Conference Paper or Presentation (1) Journal Article (1) Ano 1999 (1) 1997 (1) País United States (2) Idioma Inglês (2)		Ordenar por:  Relevância Autor Título Ano Registros recuperados: 2 Primeira ... 1 ... Última Irreversibility Investment Decisions with Yield and Price Uncertainty AgEcon Price, T. Jeffrey; Wetzstein, Michael E.. Tipo: Conference Paper or Presentation Palavras-chave: Farm Management. Ano: 1997 URL: http://purl.umn.edu/35864 IRREVERSIBLE INVESTMENT DECISIONS IN PERENNIAL CROPS WITH YIELD AND PRICE UNCERTAINTY AgEcon Price, T. Jeffrey; Wetzstein, Michael E.. Optimal entry and exit thresholds for Georgia commercial peach production are calculated when both price and yield follow a Brownian motion process. The thresholds are based on an irreversible sunk-cost investment model, where revenue from peach production is affected by the timing of when to enter production. Results indicate stability in Georgia peach production, with growers who are currently producing peaches remaining in production and potential peach growers delaying investment unless they have the ability of earning enhanced returns. Tipo: Journal Article Palavras-chave: Crop Production/Industries. Ano: 1999 URL: http://purl.umn.edu/30874 Registros recuperados: 2 Primeira ... 1 ... Última

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