MULTIPLE GOALS AND ATTITUDES OF FARM DECISION MAKERS -- AN EXECUTIVE SUMMARY

James B. Kliebenstein and George F. Partick

No 278393, 1980 Annual Meeting, July 27-30, Urbana-Champaign, Illinois from American Agricultural Economics Association (New Name 2008: Agricultural and Applied Economics Association)

Abstract: One objective of economists is to be able to understand and then to predict a phenomenon. To be able to predict accurately, one must first understand the forces which interact in forming the phenomenon which is being predicted. Within the economics literature, both positive and normative research on decision making has beeareported. The major thrust has been on the normative approach or in prescribing what ought to be. In contrast, psychologists and sociologists have tended to describe what is - the positive approach. This positive approach seeks to understand how or why individuals make certain decisions. Goals and attitudes of farmers, and how they relate to decision making is central to both the positive and normative approaches.

Keywords: Farm; Management (search for similar items in EconPapers)
Pages: 19
Date: 1980-07
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Persistent link: https://EconPapers.repec.org/RePEc:ags:aaea80:278393

DOI: 10.22004/ag.econ.278393

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