Small Farmers' Decisions: Utility Versus Profit Maximization

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Small Farmers' Decisions: Utility Versus Profit Maximization

Farmer's risk attitudes are modelled using the Cobb-Douglas, transcendental, negative exponential, and conjoint measurement utility functions. The farmers' perception of the riskiness ofaltemative crops are also measured and a quadratic programming algorithm is used to derive the most ef...

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Bibliographic Details
Main Author:	Mohayidin, Mohd. Ghazali
Format:	Article
Language:	English English
Published:	1982
Online Access:	http://psasir.upm.edu.my/id/eprint/2187/ http://psasir.upm.edu.my/id/eprint/2187/1/Small_Farmers%27_Decisions_Utility_Versus_Profit_Maximization.pdf

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