FARMERS' GOALS: UNI- OR MULTI-DIMENSIONAL

George F. Patrick, Brian F. Blake and Suzanne H. Whitaker

No 279323, 1981 Annual Meeting, July 26-29, Clemson, South Carolina from American Agricultural Economics Association (New Name 2008: Agricultural and Applied Economics Association)

Abstract: Common goal measurement techniques implicitly assume farmers order goals on a unidimensional hierarchy. Multidimensional scaling (MDS) is proposed as an alternative conceptualization and scaling procedure. MDS scalings of farmers' goals were more consistent than with other methods. Riskgrowth, monetary vs. non-monetary and wishfulness-practicality continuums were three dimensions identified.

Keywords: Farm; Management (search for similar items in EconPapers)
Pages: 13
Date: 1981-07
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Persistent link: https://EconPapers.repec.org/RePEc:ags:aaea81:279323

DOI: 10.22004/ag.econ.279323

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