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University of Illinois at Urbana-Champaign
Linkages Between Tenure, Risk, and Time Attitudes: Effects on Farm Business Decisions
Abstract
dc:descriptionResults of this study show that farm businesses can be analyzed in a life-cycle model, in which tenure, production, financing, and investment decisions can be jointly optimized. In this inter-temporal stochastic setting, the degree of risk aversion and changing time attitudes play important roles in decision making. But risk aversion has stronger effects than do time attitudes. Share leasing also is confirmed as an important response to risk, especially as risk aversion increases.
Degree
thesis:*- 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
- 2015
Author and committee
dc:creator, dc:contributor.*- Author dc:creator
-
- Boumtje, Pierre I.
- Contributors dc:contributor
-
- Barry, Peter J.
Subjects
dc:subject × 1Rights
- Language dc:language
- eng
Identifiers
dc:identifier.*- Identifier
- (MiAaPQ)AAI9952971
- OAI identifier oai:identifier
- oai:www.ideals.illinois.edu:2142/83043