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Effect of Debt Position on the Choice of Marketing Strategies for Florida Orange Growers: A Risk Efficiency Approach

Published online by Cambridge University Press:  05 September 2016

Charles B. Moss ,
Stephen A. Ford  and
Mario Castejon
Charles B. Moss
Affiliation:
Department of Food and Resource Economics at the University of Florida
Stephen A. Ford
Affiliation:
Agricultural Economics at Pennsylvania State University
Mario Castejon
Affiliation:
Department of Food and Resource Economics at the University of Florida
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Abstract

This study examined the relationship between debt position and choice of marketing instrument. Specifically, this study employed first and second degree stochastic dominance, and stochastic dominance with respect to a function to determine whether the efficient marketing instrument changes between debt positions. The results indicate that the choice of marketing instrument does vary with debt position in some marketing periods if the decisionmaker is moderately risk averse.

Keywords

debt positionmarketing instrumentsstochastic dominance

Information

Type
Articles
Information
Journal of Agricultural and Applied Economics , Volume 23 , Issue 2 , December 1991 , pp. 103 - 112
Copyright
Copyright © Southern Agricultural Economics Association 1991

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