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Information sources and risk attitudes of large-scale farmers, farm managers, and agricultural bankers

✍ Scribed by George F. Patrick; Stanton Ullerich


Publisher
John Wiley and Sons
Year
1996
Tongue
English
Weight
738 KB
Volume
12
Category
Article
ISSN
0742-4477

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✦ Synopsis


Views of large-scale farmers, professional farm managers, and agricultural bankers on sources of information as well as sources of and responses to risk in agriculture are explored. The groups rated nine or more information sources at 3.0 or higher on a 5-point scale for production decisions. Fewer sources were rated as important for marketing and financial decisions. Internal information sources such as records, tenants, or borrowers were highly rated. In contrast to large-scale farmers, both farm managers and agricultural bankers rated professional colleagues as important information sources. Responses were similar with respect to sources of and managerial responses to risk, and in their sevassessment of management skills. 01996 John Wiley & Sons, Inc.