Do New York Dairy Farmers Maximize Profits?

Tauer, Loren W.

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dc.contributor.author	Tauer, Loren W.
dc.date.accessioned	2019-10-15T18:33:20Z
dc.date.available	2019-10-15T18:33:20Z
dc.date.issued	1994-05
dc.identifier.uri	https://hdl.handle.net/1813/68213
dc.description.abstract	Varian's Weak Axiom of Profit Maximization was used to determine whether each of 49 New York dairy farms displayed behavior consistent with profit maximization. The results indicate that most were only moderately successful in maximizing profits. Characteristics of the farms did not strongly differentiate those that were better at maximizing profits.
dc.language.iso	en_US
dc.publisher	Charles H. Dyson School of Applied Economics and Management, Cornell University
dc.title	Do New York Dairy Farmers Maximize Profits?
dc.type	article
dcterms.license	http://hdl.handle.net/1813/57595