TY  - JA
AU  - Yassour,J.
AU  - Rausser,G.C.
AU  - Zilberman,D.
TI  - Optimal choices among alternative technologies with stochastic yield
SN  - 0002-9092
U1  - 82-808237 
PY  - 1981///
KW  - Farm organization and management
N1  - 13 ref
N2  - Extract: Understanding the process of technological adoption by farmers requires the explicit recognition of uncertainty and risk aversion. The purpose of this paper is to advance a new approach for investigating this process. This new framework, which is equally convenient and includes as a special case the linear mean-variance analysis, will be referred to as the exponential utility, moment-generating function approach (EUMGF). It will be demonstrated that this approach is, in many respects, superior to current approaches
T2  - American Journal of Agricultural Economics
ER  -