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Optimization procedures are used to investigate economic motivations of farmland lease arrangements in an intertemporal setting and to explore linkages among lease contracts, risk, and time attitudes, and their impact on farm performance. The model solutions suggest farm businesses can be effectively analyzed in a life‐cycle model in which farmland tenure, production, financing, and investment decisions are jointly optimized. The operator’s degree of risk aversion and time attitudes are shown to affect farm business decisions and performance.

Recent technological advancements have influenced farmers' growing demand for private information suppliers, a service traditionally monopolized by public outreach programs of land grant educational institutions. This waning appeal for university extension services creates pressure for these institutions to explore other market segments to broaden their audience coverage. This study demonstrates a potential market niche in Georgia's golf industry for university outreach services. Binomial logistic regression results indicate that significant demand (a) is negatively influenced by golf facility size; (b) is directly related to the level of industry experience of the golf superintendents; and (c) could come from facilities that require assistance in growth-, pest-, and employment-related concerns. F or decades, farmers have been the major beneficiaries of land-grant university research and educational programs. However, recent evidence suggests that farmers have started to increasingly rely on private information and technical services. The waning appeal of land-grant university outreach programs creates pressure for these institutions to explore strategies to recapture their market share and reputation as leading sources of farm business-related information and services. King and Boehlje define this challenge as identification of a newly defined niche of technology-mediated outreach for broader audience segments. University outreach programs must not only remain free of charge to maintain their competitive edge, but must also be directed toward clientele that would

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