(1957) Uncertainty, Expectations and Investment Decisions for a Sample of Central Iowa Farmers, January 1957. Iowa State University
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Abstract
The main forces which prevent farmers from making more efficient managerial decisions are risk and uncertainty. Farming is carried on in a choice framework wherein investment commitments must be made at one point in time, with production and revenue forthcoming later. The magnitude of yields, and the price at which products will be sold, can only be established at the time investments are made.
Item Type: | Departmental Report |
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Keywords: | Agricultural investments, Iowa State University |
Subjects: | Agriculture and food production Agriculture and food production > Agricultural finance |
ID Code: | 48240 |
Deposited By: | Margaret Barr |
Deposited On: | 19 Mar 2024 19:11 |
Last Modified: | 19 Mar 2024 19:11 |
URI: | https://publications.iowa.gov/id/eprint/48240 |