Economic value of outlook and research information: A test from Southern Alberta
The financial value of outlook and research information was tested in a simulated decision-making environment. Established farmers and farm-management students were asked to make farm-management decisions with and without selected outlook and research information. The decisions were made on a computerized case farm which was then simulated under conditions of actual prices, yields, costs, and quotas for unidentified years. Results showed a small, but positive, financial value of information.
Year of publication: |
1990
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Authors: | Klein, K. K. ; Kramer, F. |
Published in: |
Agribusiness. - John Wiley & Sons, Ltd., ISSN 0742-4477. - Vol. 6.1990, 6, p. 603-619
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Publisher: |
John Wiley & Sons, Ltd. |
Saved in:
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