Biswas, Basudeb; Lacey, John R.; Workman, John P.; … - In: Western Journal of Agricultural Economics 09 (1984) 01
While tests of producer rationality defined as conformity to the rules of profit maximization (or a similar postulate) for less developed countries are numerous, such tests for high-income countries are rare. This study investigates the extent of rationality observed in the production behavior...