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Despite the contention that risk and uncertainty play an important role in agriculture in North Florida and South Alabama, very little is known about producers' perceptions of risk. This paper describes the procedures used and the results obtained from a statistically random survey of farmers'...
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, marketing, and financial risks. These risks may be analyzed either individually or simultaneously. The risk associated with each … enterprise, for all combinations of enterprises, and for any combination of marketing strategies is estimated. Optimistic …
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Linear programming and stochastic farm growth simulation models are used to assess the impact of alternative enterprise selection, variation in farm income, inflation, and off-farm income on the growth of small, part-time farms in East Central Oklahoma. Results indicate that alternative rates of...
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