WHOLE FARM RISK-RATING MICROCOMPUTER MODEL

Kim B. Anderson and John E. Ikerd

Southern Journal of Agricultural Economics, 1985, vol. 17, issue 01, 5

Abstract: The Risk-Rating Model is designed to give extension specialists, teachers, and producers a method to analyze production, 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, expected, and pessimistic returns above variable cost and/or total cost are presented in the results. The probability that total return will be equal to or greater than variable cost and/or total cost is also estimated.

Keywords: Farm Management; Risk and Uncertainty (search for similar items in EconPapers)
Date: 1985
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Persistent link: https://EconPapers.repec.org/RePEc:ags:sojoae:29372

DOI: 10.22004/ag.econ.29372

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