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Flexible Postharvest Marketing Strategies For Pinto Beans

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  • King, R.P.
  • Lybecker, D.W.

Abstract

A model designed to identify optimal postharvest marketing strategies for pinto beans is presented. Both fixed and flexible strategies are evaluated. The flexible strategies use current market information monthly to determine whether or not storage should be continued. They clearly outperform fixed strategies for a risk neutral decision maker.

Suggested Citation

  • King, R.P. & Lybecker, D.W., 1981. "Flexible Postharvest Marketing Strategies For Pinto Beans," 1981 Annual Meeting, July 26-29, Clemson, South Carolina 279288, American Agricultural Economics Association (New Name 2008: Agricultural and Applied Economics Association).
    • Handle: RePEc:ags:aaea81:279288
    DOI: 10.22004/ag.econ.279288
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    File URL: https://ageconsearch.umn.edu/record/279288/files/aaea-1981-049.pdf
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    References listed on IDEAS

    as
    1. Klinefelter, D.A. & Sonka, S.T. & Baker, C.B., 1980. "Selection And Screening Of Marketing Options For Risk Evaluation," Risk Analysis in Agriculture: Research and Educational Developments, January 16-18, 1980, Tucson, Arizona 271567, Regional Research Projects > W-149: An Economic Evaluation of Managing Market Risks in Agriculture.
    2. Meyer, Jack, 1977. "Choice among distributions," Journal of Economic Theory, Elsevier, vol. 14(2), pages 326-336, April.
    3. Helmers, Glenn A., 1979. "Deriving Risk-Income Relationships For Production-Marketing Decisions By Simulation," Risk Management in Agriculture: Behavioral, Managerial, and Policy Issues, January 25-26, 1979, San Francisco, California 271463, Regional Research Projects > W-149: An Economic Evaluation of Managing Market Risks in Agriculture.
    4. King, Robert P., 1979. "Operational Techniques for Applied Decision Analysis Under Uncertainty," AAEA Fellows - Dissertations and Theses, Agricultural and Applied Economics Association, number 181951, December.
    Full references (including those not matched with items on IDEAS)

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    Crop Production/Industries;

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