Producer Perceptions of Risk and Time

Kendra M. Hedge and Elizabeth Yeager

No 170299, 2014 Annual Meeting, July 27-29, 2014, Minneapolis, Minnesota from Agricultural and Applied Economics Association

Abstract: Agribusinesses rely on producers choosing their products and services for the success of their business. Agribusinesses can use information regarding how producers rate the importance of certain areas of risk and what takes most of the producers’ time to offer specific services to different segments of producers to better meet their needs. An ordered logit model and a multinomial logit model are used to determine factors significant to producers’ use of time and importance of various areas of risk. The results provide insights to agribusinesses that can help them identify producer segments.

Keywords: Agribusiness; Farm Management (search for similar items in EconPapers)
Pages: 37
Date: 2014-05-28
New Economics Papers: this item is included in nep-dcm
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Persistent link: https://EconPapers.repec.org/RePEc:ags:aaea14:170299

DOI: 10.22004/ag.econ.170299

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