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| Registros recuperados: 46 | |
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| Xu, Pei; Alexander, Corinne E.; Patrick, George F.; Musser, Wesley N.. |
| Producers' risk perceptions, as well as their empirical measurement, have been an on-going concern for agricultural economists. Identification and categorization of producers' risk attitudes is important in both research and extension contexts. This study explores some alternative measures of farmers' attitudes and their relationships with observed producer behavior. The effect of farmers' personality types, as derived from the Myers-Briggs personality type indicator test, on marketing behavior is also explored. There were positive and statistically significant correlations of producers' risk attitudes in various areas of the farm business. However, there are also some differences in producers' willingness to risk, especially in the finance area.... |
| Tipo: Working or Discussion Paper |
Palavras-chave: Farm Management; Risk and Uncertainty. |
| Ano: 2005 |
URL: http://purl.umn.edu/28677 |
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| Ford, Beth Pride; Musser, Wesley N.. |
| Previous studies of historical risk have used either nominal or real data to calculate risk measures for agricultural prices and income. However, the effects of using nominal and real data have not been evaluated. This study utilizes theoretical variance approximation relationships to examine variances from detrended real and nominal time series. The relationships between variances are derived for quarterly U.S. farm milk prices for 1960-72, 1973-80, and 1981-90. Contrary to common intuitive arguments, results indicate that variances of real time series can be larger than variances of nominal series. While definitive conclusions are not possible, several reasons for using nominal data in risk analysis are given. |
| Tipo: Journal Article |
Palavras-chave: Detrending; Indices; Nominal data; Risk measurement; Risk and Uncertainty. |
| Ano: 1995 |
URL: http://purl.umn.edu/15259 |
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| Wetzstein, Michael E.; Musser, Wesley N.; McClendon, Ronald W.; Edwards, David M.. |
| The importance of timeliness is investigated in the selection of machinery complements for double-crop wheat and soybean production in the southeastern coastal plain. An intertemporal stochastic simulation model was developed to generate probability distributions that were evaluated with stochastic dominance analysis. This research investigated the importance of intertemporal production linkages and adequate soil moisture on machinery selection. Failure to include these dimensions can result in erroneous machinery choices. |
| Tipo: Journal Article |
Palavras-chave: Farm Management. |
| Ano: 1990 |
URL: http://purl.umn.edu/29998 |
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| Musser, Wesley N.; Alexander, Vickie J.; Tew, Bernard V.; Smittle, Doyle A.. |
| Rotations have historically been used to alleviate pest problems in crop production. This paper considers methods of modeling rotations in linear programming models for Southeastern vegetable production. In such models, entering each possible crop rotation as a separate activity can be burdensome because of the large numbers of possible rotational alternatives. Conventional methodology for double crop rotations reduces the number of activities but must be adapted to accommodate triple crop rotational requirements in vegetable production. This paper demonstrates these methods both for a simple example and an empirical problem with numerous rotation alternatives. While the methods presented in this paper may have computational disadvantages compared to... |
| Tipo: Journal Article |
Palavras-chave: Crop Production/Industries. |
| Ano: 1985 |
URL: http://purl.umn.edu/29375 |
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| Alexander, Vickie J.; Musser, Wesley N.; Mason, George. |
| Incorporation of futures markets into the theory of the firm under uncertainty has received considerable attention in risk management. A theoretical model of optimal firm decisions in cash and futures markets considering price, production, and financial risks is presented. Production and marketing strategies for corn and soybeans in Georgia and Illinois are analyzed to determine the optimal amount of futures contracting which may be a hedge or a speculative position. A partial hedge is optimal for most situations for risk averse producers when the amount hedge is variable. With fixed quantity transactions, speculative and cash positions, but not hedging, tend to be E-V efficient. |
| Tipo: Journal Article |
Palavras-chave: Marketing. |
| Ano: 1986 |
URL: http://purl.umn.edu/29781 |
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| Musser, Wesley N.; Lambert, Dayton M.; Daberkow, Stan G.. |
| The recent volatility of energy prices has numerous policy implications for agriculture. A better understanding of the factors associated with energy consumption as related to crop production management decisions and technology use may provide insight about how producers might respond to program or market incentives targeting energy use in particular, and soil and water conservation in general. Adoption of minimum tillage could reduce erosion and improved fertilizer management practices could reduce nitrogen runoff. Energy costs may be reduced with adoption of reduced tillage technology, improved drying and irrigation systems, or more careful attention to the application and timing of fertilizers. |
| Tipo: Conference Paper or Presentation |
Palavras-chave: Energy; Fuel; Nitrogen; Farm management; Technology; Crop Production/Industries; Q12; Q40. |
| Ano: 2006 |
URL: http://purl.umn.edu/21063 |
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| Wetzstein, Michael E.; Musser, Wesley N.; Linder, David K.; Douce, G. Keith. |
| Principal component analysis in employed to develop indices that distinguish between participants and nonparticipants in Integrated Pest Management (IPM) programs. Results of incorporating these indices into yield, net return, and production cost functions for cotton producers indicate that both yield and costs increase as the degree of producer participation in IPM increases. Although these results are inconsistent with previous research, they are consistent with the theoretical relationship between IPM and conventional input usage. |
| Tipo: Journal Article |
Palavras-chave: Crop Production/Industries. |
| Ano: 1985 |
URL: http://purl.umn.edu/32308 |
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| Laughland, Andrew S.; Musser, Wesley N.; Musser, Lynn M.. |
| Social desirability (SD) represents the problem of subjects responding with social norms rather than individual values. This paper briefly surveys the SD literature and considers its relevance for contingent valuation (CV) studies. In an empirical study, undergraduate students were administered the Marlowe-Crowne Social Desirability Scale, as well as CV questions. High SD scores were hypothesized to imply a greater likelihood of offering a protest reason for a zero bid and to increase bids for socially desirable commodities. While all hypotheses were not supported, the empirical results suggest that SD can influence CV responses and should not be dismissed prematurely. |
| Tipo: Journal Article |
Palavras-chave: Research Methods/ Statistical Methods. |
| Ano: 1994 |
URL: http://purl.umn.edu/31323 |
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| Registros recuperados: 46 | |
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