This thesis is an attempt to develop a theoretical microeconomic
model which can be used to examine the short-run demand for the
timeliness of farm machinery repairs. This analysis focuses on
the timing of the repair after a breakdown has occurred.
The nonstochastic model developed allows the incorporation of
the timing of the repair as a variable input into a production function.
A yield function (a function which gives the instantaneous rate of output
in bushels per acre as a function of the date of harvest) is used in
deriving this production function. From the production function a
demand curve for the timeliness of repairs can be derived.
A constrained input demand curve (CIDC) is used to examine the
demand for timely repairs. A specific functional form of the yield
function is used in order to allow an easier examination of how various
parameters affect the CIDC.
Several testable hypotheses which result from the model are
presented. An attempted test of one of the hypotheses is discussed. / Graduation date: 1971
| Identifer | oai:union.ndltd.org:ORGSU/oai:ir.library.oregonstate.edu:1957/26515 |
| Date | 17 August 1970 |
| Creators | Eiler, Doyle A. (Doyle Alden) |
| Contributors | Reeder, Clinton B. |
| Source Sets | Oregon State University |
| Language | en_US |
| Detected Language | English |
| Type | Thesis/Dissertation |
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