The entrepreneurial behaviour of rural women farmers engaged in the dairy enterprise is influenced by socio-economic attributes and psychological attributes. Since women financial empowerment is the need of the hour, women engaged in the various entrepreneurial activity is thought utmost...

Using a rich panel of owner-operated New York dairy farms, we provide new evidence on entrepreneurial behavior. We formulate a dynamic model of farms facing uninsured risks and financial constraints. Farmers derive nonpecuniary benefits from operating their businesses. We estimate the model via...