Showing 1 - 10 of 562
Persistent link: https://www.econbiz.de/10011068971
This study takes the standard acreage response model that stems from an expected utility framework, accounting for both price and yield variability, and nests it within a flexible semi-nonparametric (SNP) model consistent with farm-level decision models for computationally tractable results. We...
Persistent link: https://www.econbiz.de/10009002471
-food risks. The means by which this is done is novel and differs from past risk perception analyses in that it asks people … the risk perceptions has 4 main foci concerning the relative assessment of (i) novel as opposed to more familiar risks (e … versus how worrying the risks are considered to be, (iv) differences in the risk perceptions across social groups, in this …
Persistent link: https://www.econbiz.de/10009020397
Herein we model the widespread dispersal and management of an invasive species as a weak-link public good. The risk of … introduction is driven in part by economic activity, is influenced by policies directed at the risk, and economic activity responds …/adapts to the risk. Framed around recent introductions and rapid spread of dreissenid mussels in the Western United States, we …
Persistent link: https://www.econbiz.de/10009020407
Persistent link: https://www.econbiz.de/10009020428
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In order to more fully study the risks and uncertainty involved in cellulosic ethanol production, we examine a simulated plant in South Louisiana using Real Options Analysis
Persistent link: https://www.econbiz.de/10009020915
responding to risk. One of the principal means of smoothing income is through the diversification of income sources, including … depletion of assets. We examine migration and land rental market participation as responses to risk in rural China. Using a … of various manifestations of underlying idiosyncratic and covariate income risk on household responses. We find that …
Persistent link: https://www.econbiz.de/10009021091
risk decreasing. On this basis, insurance premiums for corn growers in the United States who plant approved hybrids have … decrease risk. The effects of input use on production uncertainty can be quantified through the specification and estimation of …
Persistent link: https://www.econbiz.de/10009021442
Abstract The objective of this paper is to analyze the relationship between farmers’ risk-aversions and the riskiness … agency theory model we hypothesize the prevalence of alternative marketing arrangements (AMAs) in situations with high-risk … averse farmers and high-risk enterprises and the prevalence of spot (cash) markets for low risk-averse participants and less …
Persistent link: https://www.econbiz.de/10011068908