Data/hora: 11/06/2024 05:36:34

Provedor de dados: 	31	
País: 	United States	
Título: 	AN EVALUATION OF SELECTED DECISION MODELS: A CASE OF CROP CHOICE IN NORTHERN THAILAND	
Autores: 	Vieth,   Gary R.; Suppapanya,   Pramote.	
Data: 	2003-01-09	
Ano: 	1996	
Palavras-chave: 	Decision models; Expected utility maximization; Farm income; Profit maximization; Target-MOTAD; Crop Production/Industries.	
Resumo: 	This research examines the predictability of a profit maximization model, an expected value-variance utility maximization (E-V) model, and two versions of the target-MOTAD model for modeling risky agricultural production decisions. Model solutions were translated into expected value and variance of farm income for analysis. Direct comparison and chi-square analysis of actual and predicted expected income distributions were used in the analyses. It was concluded that the utility maximization and cash-cost target-MOTAD models predicted distributions of farm income better than the variable-cost target-MOTAD and profit maximization models.	
Tipo: 	Journal Article	
Idioma: 	Inglês	
Identificador: 	6709

http://purl.umn.edu/15128	
Editor: 	AgEcon Search	
Relação: 	Journal of Agricultural and Applied Economics&gt;Volume 28, Number 02, December 1996	
Formato: 	11

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