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WHAT DO WE KNOW ABOUT AGRICULTURAL PRODUCERS' BEHAVIOR UNDER PRICE AND YIELD INSTABILITY?

Clifford Hildreth

No 283593, 1977 AAEA-WAEA Joint Meeting, July 31-August 3, San Diego, California from American Agricultural Economics Association (New Name 2008: Agricultural and Applied Economics Association)

Abstract: I interpret unstable prices and yields to imply uncertain prices and yields. One could imagine a situation where controlled prices were announced well in advance but fluctuated according to perceived circumstances at the times of the announcements. Some agricultural programs have approximated the latter, but I take it the main interest here is in supply response with price unknown at the time production and tentative marketing decisions are made.

Keywords: Demand; and; Price; Analysis (search for similar items in EconPapers)
Pages: 12
Date: 1977-07
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Citations: View citations in EconPapers (3)

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Persistent link: https://EconPapers.repec.org/RePEc:ags:aaea77:283593

DOI: 10.22004/ag.econ.283593

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