The Tradeoff between Expected Return and Risk Among Cornbelt Farmers

@article{Brink1978TheTB,
  title={The Tradeoff between Expected Return and Risk Among Cornbelt Farmers},
  author={L. Brink and B. McCarl},
  journal={American Journal of Agricultural Economics},
  year={1978},
  volume={60},
  pages={259-263}
}
  • L. Brink, B. McCarl
  • Published 1978
  • Economics
  • American Journal of Agricultural Economics
  • The inclusion of risk in farm-planning models has been the subject of many theoretical discussions, often with the conclusion that explicit risk consideration features are desirable. Operational linear programming-based farm-planning models are maintained by both universities and businesses. These operational farm-planning models do not generally include explicit risk consideration. The general objective of this paper is to investigate whether or not risk should be introduced explicitly in an… CONTINUE READING
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