The usual linear programming model for estimating supply functions is a single-period one (3).1 The solution for this period is independent of other periods except as their activities and incomes may be reflected in the resource constraints (2). The polyperiod model not only specifies the...

A variable amortization plan is proposed, indexing annual payments made by farm mortgage borrowers. A debt reserve balance also is proposed to stabilize payments received by lenders. Research implied by the proposal is outlined, together with modelling suggestions for investigating effects of...

Division of agricultural economics research into behavioural vs. policy alternatives is proposed to reduce ambiguities implied by a positive vs normative division. The thesis is argued with reference to growth of the farm firm. A specific model is proposed. Brief comparisons are provided with...