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	Provedor de dados AgEcon (1) Autor Langemeier, Michael R. (1) Yeager, Elizabeth A. (1) Palavra-chave Agribusiness (1) C14 (1) Cost Efficiency (1) D22 (1) D81 (1) Farm Management (1) Production Economics (1) Revenue Efficiency (1) Risk Preference (1) Risk and Uncertainty (1) Mais... Tipo do documento Presentation (1) Ano 2012 (1) País United States (1) Idioma Inglês (1)		Ordenar por:  Relevância Autor Título Ano Registros recuperados: 1 Primeira ... 1 ... Última Economic Efficiency Adjusted for Risk Preferences AgEcon Yeager, Elizabeth A.; Langemeier, Michael R.. This study investigates the impact of risk preferences on economic efficiency scores. Risk averse individuals may be less likely to adopt new technologies and have lower production levels than individuals with other risk preferences. Nonparametric techniques are used to estimate cost and revenue efficiency for a sample of Kansas farms. Each farm had a risk preference score and the scores in the sample ranged from 5 to 86 where a smaller value represents greater risk aversion. Efficiency estimates were first calculated using traditional input and output measures. Efficiency was re-estimated including the inverse risk preference score as a non-discretionary input. Comparisons were made between the characteristics of the farms with an observed... Tipo: Presentation Palavras-chave: Cost Efficiency; Revenue Efficiency; Risk Preference; Agribusiness; Farm Management; Production Economics; Risk and Uncertainty; C14; D22; D81. Ano: 2012 URL: http://purl.umn.edu/124012 Registros recuperados: 1 Primeira ... 1 ... Última

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