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Five Principles for Building Present Value Models and their Application to Maximum (Minimum) Bid (Sell) Price Models for Land

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  • Robison, Lindon J.
  • Burghardt, William G.

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  • Robison, Lindon J. & Burghardt, William G., 1983. "Five Principles for Building Present Value Models and their Application to Maximum (Minimum) Bid (Sell) Price Models for Land," Agricultural Economic Report Series 201327, Michigan State University, Department of Agricultural, Food, and Resource Economics.
    • Handle: RePEc:ags:midaae:201327
    DOI: 10.22004/ag.econ.201327
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    File URL: https://ageconsearch.umn.edu/record/201327/files/agecon-msu-442.pdf
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    References listed on IDEAS

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    1. Booth, Laurence D., 1982. "Correct Procedures for the Evaluation of Risky Cash Outflows," Journal of Financial and Quantitative Analysis, Cambridge University Press, vol. 17(2), pages 287-300, June.
    2. Fama, Eugene F., 1977. "Risk-adjusted discount rates and capital budgeting under uncertainty," Journal of Financial Economics, Elsevier, vol. 5(1), pages 3-24, August.
    3. Miles, James A. & Ezzell, John R., 1980. "The Weighted Average Cost of Capital, Perfect Capital Markets, and Project Life: A Clarification," Journal of Financial and Quantitative Analysis, Cambridge University Press, vol. 15(3), pages 719-730, September.
    4. Lee, Warren F. & Rask, Norman, 1976. "Inflation And Crop Profitability: How Much Can Farmers Pay For Land?," 1976 Annual Meeting, August 15-18, State College, Pennsylvania 283820, American Agricultural Economics Association (New Name 2008: Agricultural and Applied Economics Association).
    5. James S. Plaxico & Darrel D. Kletke, 1979. "The Value of Unrealized Farm Land Capital Gains," American Journal of Agricultural Economics, Agricultural and Applied Economics Association, vol. 61(2), pages 327-330.
    6. Roy D. Adams, 1977. "The Effect of Income Tax Progressivity on Valuations of Income Streams by Individuals," American Journal of Agricultural Economics, Agricultural and Applied Economics Association, vol. 59(3), pages 538-542.
    7. Duane G. Harris & Richard F. Nehring, 1976. "Impact of Farm Size on the Bidding Potential for Agricultural Land," American Journal of Agricultural Economics, Agricultural and Applied Economics Association, vol. 58(2), pages 161-169.
    8. Warren F. Lee & Norman Rask, 1976. "Inflation and Crop Profitability: How Much Can Farmers Pay for Land?," American Journal of Agricultural Economics, Agricultural and Applied Economics Association, vol. 58(5), pages 984-990.
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    Cited by:

    1. Robison, Lindon J. & Koenig, Steven R. & Brake, John R., 1984. "An Analysis of Interest and Principal Payments, Interest Rates and Time in Common and Uncommon Loans Using Present Value Tools," Agricultural Economic Report Series 201338, Michigan State University, Department of Agricultural, Food, and Resource Economics.

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