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An intergenerational transfer model incorporating both altruism and exchange is presented for family farm transfers. A simulation study is conducted to test parental motivation in intergenerational transfers of family farm businesses. Results indicated that family farm intergenerational transfers are altruistically motivated.

Keywords: Family Farms ; Intergenerational Transfer ; Family Farm Succession

Subject(s): Consumer/Household Economics

Farm Management

Issue Date: 2011

Publication Type: Conference Paper/ Presentation

PURL Identifier:

Total Pages: 2

JEL Codes: Q10; Q12

Series Statement: Poster


Record appears in: Agricultural and Applied Economics Association (AAEA) > 2011 Annual Meeting, July 24-26, 2011, Pittsburgh, Pennsylvania

Autor: Lange, Kelly Y. ; Johnson, Jeffrey W. ; Johnson, Phillip N. ; Hudson, Darren ; Belasco, Eric J.


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