A Projective Method for Measuring Central Illinois Farmers' Reservation Prices for Cash and Intermediate Credit Reserves

Prior research has demonstrated the importance of liquidity management of risk on the farm. In these studies reservation prices were found by varying parameters of functions reflecting assumed behavior of risk averse decision makers. Such a procedure, however, attenuated validation of the model containing the assumed liquidity value functions. What had been lacking was an empirical method for eliciting these risk response parameters. Such a need was the primary objective of the study reported here.

Name thesis:degree_name

Ph.D.

Level thesis:degree_level

Dissertation

Discipline thesis:degree_discipline

Agricultural Economics

Grantor

University of Illinois at Urbana-Champaign

Year dc:date

2014

Author dc:creator

• Harris, Kim Scott

• Economics, Agricultural

Identifier

(UMI)AAI8521782

OAI identifier oai:identifier

oai:www.ideals.illinois.edu:2142/69863