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Assisting whole-farm decision-making through stochastic budgeting

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  • Lien, Gudbrand

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  • Lien, Gudbrand, 2003. "Assisting whole-farm decision-making through stochastic budgeting," Agricultural Systems, Elsevier, vol. 76(2), pages 399-413, May.
  • Handle: RePEc:eee:agisys:v:76:y:2003:i:2:p:399-413
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    1. Hezron O. Nyangito & James W. Richardson & Darrell S. Mundy & Adrian W. Mukhebi & Peter Zimmel & Jerry Namken, 1996. "Economic impacts of East Coast Fever immunization on smallholder farms, Kenya: a simulation analysis," Agricultural Economics, International Association of Agricultural Economists, vol. 13(3), pages 163-177, February.
    2. Meyer, Jack, 1977. "Choice among distributions," Journal of Economic Theory, Elsevier, vol. 14(2), pages 326-336, April.
    3. Hardaker, J. Brian, 2000. "Some Issues in Dealing with Risk in Agriculture," Working Papers 12912, University of New England, School of Economics.
    4. Robert Romain, 1997. "Farm-Level Consequences of Canadian and U.S. Dairy Policies," American Journal of Agricultural Economics, Agricultural and Applied Economics Association, vol. 79(5), pages 1563-1572.
    5. Knutson, Ronald D. & Smith, Edward G. & Anderson, David P. & Richardson, James W., 1998. "Southern Farmers' Exposure To Income Risk Under The 1996 Farm Bill," Journal of Agricultural and Applied Economics, Southern Agricultural Economics Association, vol. 30(1), pages 1-12, July.
    6. Dean W. Hughes & James W. Richardson & M. Edward Rister, 1985. "Effects of Sustained Financial Stress on the Financial Structure and Performance of the Farm Sector," American Journal of Agricultural Economics, Agricultural and Applied Economics Association, vol. 67(5), pages 1116-1122.
    7. Ronald D. Knutson & Robert Romain & David P. Anderson & James W. Richardson, 1997. "Farm-Level Consequences of Canadian and U.S. Dairy Policies," Canadian Journal of Agricultural Economics/Revue canadienne d'agroeconomie, Canadian Agricultural Economics Society/Societe canadienne d'agroeconomie, vol. 45(4), pages 421-432, December.
    8. Goh, Siew & Shih, Chao-Chyuan & Cochran, Mark J. & Raskin, Rob, 1989. "A Generalized Stochastic Dominance Program For The Ibm Pc," Southern Journal of Agricultural Economics, Southern Agricultural Economics Association, vol. 21(2), pages 1-8, December.
    9. Nyangito, Hezron O. & Richardson, James W. & Mundy, Darrell S. & Mukhebi, Adrian W. & Zimmel, Peter & Namken, Jerry, 1996. "Economic impacts of East Coast Fever immunization on smallholder farms, Kenya: a simulation analysis," Agricultural Economics, Blackwell, vol. 13(3), pages 163-177, February.
    10. Robert P. King & Lindon J. Robison, 1981. "An Interval Approach to Measuring Decision Maker Preferences," American Journal of Agricultural Economics, Agricultural and Applied Economics Association, vol. 63(3), pages 510-520.
    11. Hadar, Josef & Russell, William R, 1969. "Rules for Ordering Uncertain Prospects," American Economic Review, American Economic Association, vol. 59(1), pages 25-34, March.
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    1. Rohrig, Maren B.K. & Hardeweg, Bernd & Lentz, Wolfgang, 2018. "Efficient farming options for German apple growers under risk – a stochastic dominance approach," International Food and Agribusiness Management Review, International Food and Agribusiness Management Association, vol. 21(1).
    2. Grove, Bennie & Taljaard, Pieter R. & Cloete, Philip C., 2007. "A Stochastic Budgeting Analysis of Three Alternative Scenarios to Convert from Beef-Cattle Farming to Game Ranching," Agrekon, Agricultural Economics Association of South Africa (AEASA), vol. 46(4), pages 1-18, December.
    3. Bharat M. Upadhyay & Douglas L. Young, 2005. "An Operational Approach for Evaluating Investment Risk: An Application to the No-Till Transition," Working Papers 2005-1, School of Economic Sciences, Washington State University.
    4. Kabir, Md. Jahangir & Cramb, Rob & Alauddin, Mohammad, 2015. "Farming Adaptation to Environmental Change in Coastal Bangladesh: Shrimp Culture versus Crop Diversification," 2015 Conference (59th), February 10-13, 2015, Rotorua, New Zealand 202981, Australian Agricultural and Resource Economics Society.
    5. Loughrey, Jason & Thorne, Fiona & Hennessy, Thia, 2015. "The Direct Impact of Risk Management Tools on Farm Income: The Case of Irelands Spring Barley Producers," 89th Annual Conference, April 13-15, 2015, Warwick University, Coventry, UK 204228, Agricultural Economics Society.
    6. Fiona Thorne & Thia Hennessy, 2005. "The Role of Risk in the Decision to Produce Post-Decoupling A Stochastic Budgeting Example," Working Papers 0503, Rural Economy and Development Programme,Teagasc.
    7. Komarek, Adam M. & Bell, Lindsay W. & Whish, Jeremy P.M. & Robertson, Michael J. & Bellotti, William D., 2015. "Whole-farm economic, risk and resource-use trade-offs associated with integrating forages into crop–livestock systems in western China," Agricultural Systems, Elsevier, vol. 133(C), pages 63-72.
    8. Thorne, Fiona S. & Hennessy, Thia C., 2006. "The Role of Risk in the Decision to Produce Post-Decoupling - A Stochastic Budgeting Example," 2006 Annual Meeting, August 12-18, 2006, Queensland, Australia 25415, International Association of Agricultural Economists.
    9. Komarek, Adam M. & De Pinto, Alessandro & Smith, Vincent H., 2020. "A review of types of risks in agriculture: What we know and what we need to know," Agricultural Systems, Elsevier, vol. 178(C).
    10. Hutchings, Timothy R., 2009. "A financial analysis of the effect of the mix of crop and sheep enterprises on the risk profile of dryland farms in south-eastern Australia – Part 1," AFBM Journal, Australasian Farm Business Management Network, vol. 6(1), pages 1-16, October.
    11. Morfeld, Ulf & Latacz-Lohmann, Uwe & Krieter, Joachim, 2014. "Application and comparison of risk adjusted performance-indicators in the context of pig production," International Journal of Agricultural Management, Institute of Agricultural Management, vol. 3(2), pages 1-9, January.
    12. Ashfield, A. & Crosson, P. & Wallace, M., 2013. "Simulation modelling of temperate grassland based dairy calf to beef production systems," Agricultural Systems, Elsevier, vol. 115(C), pages 41-50.
    13. Hutchings, Timothy R. & Nordblom, Thomas L., 2011. "A financial analysis of the effect of the mix of crop and sheep enterprises on the risk profile of dryland farms in south-eastern Australia," AFBM Journal, Australasian Farm Business Management Network, vol. 8(1), pages 1-23, October.
    14. Bharat M. Upadhyay & Douglas L. Young, 2004. "An Operational Approach For Evaluating Investment Risk: An Application To The No-Till Transition," Others 0412002, University Library of Munich, Germany.
    15. Md. Jahangir Kabir & Mohammad Alauddin & Steven Crimp, 2016. "Farm-level Adaptation to Climate Change in Western Bangladesh: An Analysis of Adaptation Dynamics, Profitability and Risks," Discussion Papers Series 576, School of Economics, University of Queensland, Australia.
    16. Lien, Gudbrand & Brian Hardaker, J. & Flaten, Ola, 2007. "Risk and economic sustainability of crop farming systems," Agricultural Systems, Elsevier, vol. 94(2), pages 541-552, May.
    17. Kabir, Md. Jahangir & Cramb, Rob & Alauddin, Mohammad & Gaydon, Donald S., 2019. "Farmers’ perceptions and management of risk in rice-based farming systems of south-west coastal Bangladesh," Land Use Policy, Elsevier, vol. 86(C), pages 177-188.

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