RISK, UTILITY AND THE PALATABILTY OF EXTENSION ADVICE TO FARMER GROUPS

R.R. Officer, A.N. Halter and John L. Dillon

Australian Journal of Agricultural Economics, 1967, vol. 11, issue 2, 13

Abstract: Using the results of an empirical study of farmers' utility functions, evidence is presented that risk plays a measurable role in farmer decision making. The extension implications of such risk influences are discussed with particular emphasis on the possible efficacy of using group utility functions as a basis for group recommendations.

Keywords: Teaching/Communication/Extension/Profession (search for similar items in EconPapers)
Date: 1967
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Persistent link: https://EconPapers.repec.org/RePEc:ags:ajaeau:22753

DOI: 10.22004/ag.econ.22753

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