Agricultural Economics Department


Date of this Version

April 2002


Published in Cornhusker Economics, 04/17/2002. Produced by the Cooperative Extension, Institute of Agriculture and Natural Resources, Department of Agricultural Economics, University of Nebraska–Lincoln.


Throughout the years how many of us have either heard ourselves or other people say, "I wish I had not done that, or I wish I would have sold earlier or why did I wait so long to sell?" If we put this another way we can always say that we are punishing ourselves, or that we regret having done or not done something. The question is, is there a way that we can go back and determine what the true level of regret was? Consequently, we have been working on testing that exact problem with respect to grain marketing.