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Registros recuperados: 26 | |
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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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Coble, Keith H.; Knight, Thomas O.; Patrick, George F.; Baquet, Alan E.. |
Changes in the risk environment and tools available to manage risk have resulted in an increased need for risk management skills among farmers and ranchers. In response the USDA initiated a risk management education competitive grants program in the spring of 1998. This is the first report from one of the grant-funded projects. The project's primary objective is to provide supporting research that will contribute to the design and implementation of effective risk management education programs, policies and tools. This report provides selected summary statistics, without analysis, from a survey of crop producers conducted as part of the first phase of the project. Over 1,800 usable producer responses from Mississippi, Texas, Indiana, and Nebraska are... |
Tipo: Working or Discussion Paper |
Palavras-chave: Risk Insurance Marketing Policy; Risk and Uncertainty. |
Ano: 1999 |
URL: http://purl.umn.edu/15805 |
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Patrick, George F.; Wilson, Paul N.; Barry, Peter J.; Boggess, William G.; Young, Douglas L.. |
Farm level risk analyses have used price and yield variability almost exclusively to represent risk. Results from a survey of 149 agricultural producers in 12 states indicate that producers consider a broader range of sources of variability in their operations. Significant differences exist among categories with respect to the importance of the sources of variability in crop and livestock production. Producers also used a variety of management responses to variability. There were significant difference among categories in the importance given to particular responses and their use of them. These results have implications for research, extension, and policy programs. |
Tipo: Journal Article |
Palavras-chave: Risk and Uncertainty. |
Ano: 1985 |
URL: http://purl.umn.edu/29989 |
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Patrick, George F.; Blake, Brian F.; Whittaker, Suzanne H.. |
Magnitude estimation, a technique developed by psychology for obtaining ratio scaled values, was used to derive risk-income preferences of ninety-one central Indiana farmers. Both variability-income and bankruptcy-income measures were developed and related to farmers' socio-economic attributes. Wealth and education had limited effects compared with off-farm employment, percent debt and expected levels of income, percent debt and net worth growth. Magnitude estimation provided reliable estimates of preferences. Farmers gave greater importance to the bankruptcy-income measure of risk-income preferences, but only a small portion of the variation of either measure could be explained. |
Tipo: Journal Article |
Palavras-chave: Farm Management; Risk and Uncertainty. |
Ano: 1981 |
URL: http://purl.umn.edu/32583 |
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Alexander, Corinne E.; Patrick, George F.. |
Surveys were conducted with participants in the 2008 and 2009 Top Farmer Crop Workshops at Purdue University. These large-scale commercial farmers were asked about changes in the availability of forward pricing contracts and its impact on their marketing program. These producers were also asked about their perceptions of input costs and their management responses to higher input costs, including flexible cash rents. Although these large-scale producers have used a more active management style in response to increased volatility, there is a need for additional education and assistance in both marketing and input acquisition. |
Tipo: Journal Article |
Palavras-chave: Agribusiness; Farm Management; Marketing. |
Ano: 2010 |
URL: http://purl.umn.edu/96379 |
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Patrick, George F.; Peiter, Amy J.; Knight, Thomas O.; Coble, Keith H.; Baquet, Alan E.. |
Hog producers in Indiana and Nebraska were surveyed about sources of risk, effectiveness of risk management strategies, and prior participation in and desire for additional risk management education. Ownership of hogs by the producer, size of the operation, and age did have significant effects on ratings of both sources of risk and effectiveness of risk management strategies. Probit analysis found age, prior attendance, knowledge and prior use of the tool, level of integration, and concern about price and performance risk have significant effects on interest in further education about production contracts, futures and options, packer marketing contracts, and financial management. |
Tipo: Journal Article |
Palavras-chave: Financial management; Futures and options; Packer marketing contracts; Production contracts; Risk attitudes; Risk management; D81; D83; Q12; Q16. |
Ano: 2007 |
URL: http://purl.umn.edu/37110 |
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Davis, Todd D.; Patrick, George F.. |
Indiana, Mississippi, and Nebraska producers' forward pricing behavior was analyzed with Tobit models. Percent debt, percent soybean acres, risk aversion, market consultants, comfort level with futures and options, lenders' opinions, written marketing plans, crop insurance, and geographic location were significant in explaining the percentage of expected soybean production forward priced. |
Tipo: Conference Paper or Presentation |
Palavras-chave: Demand and Price Analysis; Marketing. |
Ano: 2000 |
URL: http://purl.umn.edu/21822 |
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Rejesus, Roderick M.; Knight, Thomas O.; Jaramillo, Mauricio; Coble, Keith H.; Patrick, George F.; Baquet, Alan E.. |
This article examines farmers’ preferences for various risk management information sources. Our results suggest that information from risk management experts, in-depth materials studied on their own, and popular press outlets tend to be preferred and are ranked highly by producers. Using a regression model to investigate farmer/farm attributes that affect preference for a particular risk management information source, we find that younger farmers with college education, higher leverage, assets greater than $1 million, risk-loving attitudes, and who have used professional services (marketing consultants) tend to prefer information from risk management experts, the Internet, and marketing clubs/other producers. On the other hand, producers who prefer... |
Tipo: Journal Article |
Palavras-chave: Crop insurance; Extension; Information sources; Outreach; Risk management; Risk and Uncertainty. |
Ano: 2008 |
URL: http://purl.umn.edu/44742 |
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Registros recuperados: 26 | |
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