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Farmers' Goals: Uni- Or Multi-Dimensional

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Listed:
  • Patrick, George F.
  • Blake, Brian F.
  • Whitaker, Suzanne H.

Abstract

Common goal measurement techniques implicitly assume farmers order goals on a unidimensional hierarchy. Multidimensional scaling (MDS) is proposed as an alternative conceptualization and scaling procedure. MDS scalings of farmers' goals were more consistent than with other methods. Riskgrowth, monetary vs. non-monetary and wishfulness-practicality continuums were three dimensions identified.

Suggested Citation

  • Patrick, George F. & Blake, Brian F. & Whitaker, Suzanne H., 1981. "Farmers' Goals: Uni- Or Multi-Dimensional," 1981 Annual Meeting, July 26-29, Clemson, South Carolina 279323, American Agricultural Economics Association (New Name 2008: Agricultural and Applied Economics Association).
    • Handle: RePEc:ags:aaea81:279323
    DOI: 10.22004/ag.econ.279323
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    References listed on IDEAS

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    1. Malcolm D. Bale & Bruce L. Greenshields, 1978. "Japanese Agricultural Distortions and Their Welfare Value," American Journal of Agricultural Economics, Agricultural and Applied Economics Association, vol. 60(1), pages 59-64.
    2. Greenshields, Bruce L., 1977. "Impact of a Resale Price Increase on Japan's Wheat Imports," Foreign Agricultural Economic Report (FAER) 146227, United States Department of Agriculture, Economic Research Service.
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    Keywords

    Farm Management;

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