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RISK, UTILITY AND THE PALATABILTY OF EXTENSION ADVICE TO FARMER GROUPS

RISK, UTILITY AND THE PALATABILTY OF EXTENSION ADVICE TO FARMER GROUPS Using the results of an empirical study of farmers' utility functions, evidence is presented that risk plays a measurable role in farmer decision making. The extension implications of such risk influences are discussed with particular emphasis on the possible efficacy of using group utility functions as a basis for group recommendations. http://www.deepdyve.com/assets/images/DeepDyve-Logo-lg.png The Australian Journal of Agricultural Resource Economics Wiley

RISK, UTILITY AND THE PALATABILTY OF EXTENSION ADVICE TO FARMER GROUPS

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Publisher
Wiley
Copyright
Copyright © 1967 Wiley Subscription Services, Inc., A Wiley Company
ISSN
1364-985X
eISSN
1467-8489
DOI
10.1111/j.1467-8489.1967.tb00037.x
Publisher site
See Article on Publisher Site

Abstract

Using the results of an empirical study of farmers' utility functions, evidence is presented that risk plays a measurable role in farmer decision making. The extension implications of such risk influences are discussed with particular emphasis on the possible efficacy of using group utility functions as a basis for group recommendations.

Journal

The Australian Journal of Agricultural Resource EconomicsWiley

Published: Dec 1, 1967

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