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Internal decision making in an agribusiness: A case study

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  • Dennis M. Conley

    (Department of Agricultural Economics, University of Nebraska-Lincoln)

Abstract

Key concepts from the behavioral theory of the firm are used to understand the internal decision-making process for an agribusiness. Combined with neoclassical economic theory, the two theoretical foundations help expand understanding of the process.© 1992 John Wiley & Sons, Inc.

Suggested Citation

  • Dennis M. Conley, 1992. "Internal decision making in an agribusiness: A case study," Agribusiness, John Wiley & Sons, Ltd., vol. 8(4), pages 387-397.
    • Handle: RePEc:wly:agribz:v:8:y:1992:i:4:p:387-397
    DOI: 10.1002/1520-6297(199207)8:4<387::AID-AGR2720080410>3.0.CO;2-B
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    References listed on IDEAS

    as
    1. Patrick, George R. & Wilson, Paul N. & Barry, Peter J. & Boggess, William G. & Young, Douglas L., 1985. "Risk Perceptions and Management Responses: Producer-Generated Hypotheses For Risk Modeling," Journal of Agricultural and Applied Economics, Cambridge University Press, vol. 17(2), pages 231-238, December.
    2. C. Robert Taylor, 1986. "Risk Aversion versus Expected Profit Maximization with a Progressive Income Tax," American Journal of Agricultural Economics, Agricultural and Applied Economics Association, vol. 68(1), pages 137-143.
    3. Patrick, George F. & Wilson, Paul N. & Barry, Peter J. & Boggess, William G. & Young, Douglas L., 1985. "Risk Perceptions And Management Responses: Producer-Generated Hypotheses For Risk Modeling," Southern Journal of Agricultural Economics, Southern Agricultural Economics Association, vol. 17(2), pages 1-8, December.
    4. William Lin & G. W. Dean & C. V. Moore, 1974. "An Empirical Test of Utility vs. Profit Maximization in Agricultural Production," American Journal of Agricultural Economics, Agricultural and Applied Economics Association, vol. 56(3), pages 497-508.
    5. Weber, Elke U., 1989. "A Behavioral Approach To Decision Making Under Uncertainty: Implications And Lessons For Expected Utility Theory," 1989 Quantifying Long Run Agricultural Risks and Evaluating Farmer Responses to Risk Meeting, April 9-12, 1989, Sanibel Island, Florida 271520, Regional Research Projects > S-232: Quantifying Long Run Agricultural Risks and Evaluating Farmer Responses to Risk.
    6. Katherine D. Young & C. Richard Shumway & H. L. Goodwin, 1990. "Profit maximization-does it matter?," Agribusiness, John Wiley & Sons, Ltd., vol. 6(3), pages 237-253.
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