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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....
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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...
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Results from a Tobit model showed a complementary relationship between marketing inputs and the decision to hire farm managers. According to the results, as farmers increase expenditure on marketing consultants and information systems, their expenditure on farm managers increase as well.
Persistent link: https://www.econbiz.de/10005476679