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Despite the contention that risk and uncertainty play an important role in agriculture in North Florida and South Alabama, very little is known about producers' perceptions of risk. This paper describes the procedures used and the results obtained from a statistically random survey of farmers'...
Persistent link: https://www.econbiz.de/10005460196
Cumulative probability distributions of income for management scenarios involving four pre-harvest marketing strategies are subjected to stochastic dominance analysis to determine risk-efficient sets of strategies for different groups of farmers in North Florida. Results indicate that farmers...
Persistent link: https://www.econbiz.de/10005798958