Due to the dominant role of household animal raising in China’s animal production, an improved understanding of household animal raising practices is essential to study China’s feedgrain markets. It is also noted that the level of local economic development affects animal raising practices...

In a paper of 2000, Kaas, Dhaene and Goovaerts investigate the present value of a rather general cash flow. Making use of comonotonic risks, they derive upper and lower bounds for the distribution of the present value. These bounds are very close to the real distribution in case all payments...