Digital Commons Network^™

Multidemensional Goals Of Farmers In The Beef Cattle An Dairy Industries, Aydin Basarir

LSU Doctoral Dissertations

Farm firm decision making processes have long been of concern to agricultural economists. The concept of maximizing utility rather than profit is an important concept in multidimensional goal research. The prevalence of low or negative net returns in Louisiana beef and dairy production leads to the hypothesis that goals other than profit maximization compete strongly in producers' decisions. The objective of this study is to determine the hierarchy of goals that motivate beef and dairy producers and evaluate them in a multi-dimensional framework. Seven goals were evaluated in producer decision making: Maintain and Conserve Land, Maximize Profit, Increase Farm Size, …