| Title | Dairy Farmer’s Valuation of Market Security Offered by Milk Marketing Cooperatives |
| Author(s) | Cathy A. Smith and Brain A. Roach |
| Series | Volume 10 |
| Issue Date | 1995 |
| Abstract | Dairy farmers often rank the benefit from a secure market as a major reason for belonging to a milk-marketing cooperative. This paper proposes a technique for valuing this decreased market risk through development of a willingness-to-pay measure. |