STOCHASTIC DYNAMIC MODELING: AN AID TO AGRICULTURAL LENDER DECISION MAKING
| dc.creator | Gustafson, Cole R. | |
| dc.date | 2017-04-01T13:53:12Z | |
| dc.date.accessioned | 2026-07-09T04:17:16Z | |
| dc.description | Factors affecting a lender's decision to grant farmers operating credit in North Dakota are quantified in an intertemporal loan profitability model using stochastic dynamic programming. Experimental data obtained from a panel of lenders demonstrates the sensitivity of an optimal policy to changes in a lender's discount rate, a borrower's repayment status, and patronage. The value of credit scoring models that appraise a borrower's credit worthiness also is determined. | |
| dc.identifier | doi:10.22004/ag.econ.32463 | |
| dc.identifier | https://ageconsearch.umn.edu/record/32463/files/14010157.pdf | |
| dc.identifier | http://ageconsearch.umn.edu/record/32463 | |
| dc.identifier.uri | http://hdl.handle.net/123456789/547630 | |
| dc.language | eng | |
| dc.publisher | ||
| dc.source | http://ageconsearch.umn.edu/record/32463 | |
| dc.title | STOCHASTIC DYNAMIC MODELING: AN AID TO AGRICULTURAL LENDER DECISION MAKING | |
| dc.type | Text |
