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• W2139912615 abstract "This study of the farm firm integrates long run investment and financial decisions, and short-run production and marketing decisions into a single decision framework that includes both time and risk. The results suggest that the use of various strategies for managing market risks allow the entrepreneur to accept more risk in investing and producing; and that an integrated analysis of production, marketing and investment-financing alternatives is essential to make accurate recommendations about risk management strategies. Risk management is receiving much more attention in the literature. Most studies focus on short-run production or marketing decisions; exceptions are studies of risk in farm growth models by Barry and Willman, Kaiser and Boehlje, Batterham, and Chen. This study adds long-run investment and financial decisions to broaden the scope of risk analysis. Specific" @default.
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• W2139912615 date "1986-01-01" @default.
• W2139912615 modified "2023-09-24" @default.
• W2139912615 title "Managing Risk by Coordinating Investment, Marketing, and Production Strategies" @default.
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• W2139912615 doi "https://doi.org/10.22004/ag.econ.32087" @default.
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