TY  - JA
AU  - Hazell,P.B.R.
TI  - Application of risk preference estimates in firm-household and agricultural sector models
SN  - 0002-9092
U1  - 83-879792 
PY  - 1982///
KW  - Farm organization and management
N1  - 37 ref
N2  - Extract: Prolific advances have been made in the development of single period, optimization models for planning farm production under risk. These models are reviewed and placed within the context of the theory of the joint firm-household, which has recently spawned a number of econometric models of farm households. At the sector level, mathematical programming models provide the most explicit way of modelling aggregate risk behavior. But there is a growing literature on econometric supply models which embody some forms of risk behavior
T2  - American Journal of Agricultural Economics
ER  -