Decision Technologies, Information, And Expectations In A Dynamic Commodity Market
Greg Hertzler
ISU General Staff Papers from Iowa State University, Department of Economics
Abstract:
The information needed by a rational producer in a dynamic commodity market has many components. One is market data on prices and the current capital stock of the industry. Another component is the skill to combine these data into better decisions. In agriculture, prices and stocks are monitored and reported by the U.S.D,A. and Land-Grant Universities at little or not cost to farmers and ranchers. But the techniques for making better decisions are difficult to obtain.
Date: 1984-05-01
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Persistent link: https://EconPapers.repec.org/RePEc:isu:genstf:198405010700001142
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