, though this fact is usually ignored in the past risk balancing model. In this paper, we will estimate the optimal debt with …

The risk balancing literature suggests that business risk management (BRM) programs may, through risk balancing … effectiveness of BRM programs in reducing business risk; 2) a relatively small share of farms exhibit risk balancing behaviour, and … 3) BRM payments have no impact on the likelihood of risk balancing. Taken together, these findings suggest that the …

show the violations of the risk-balancing concept, which theorizes that risk-reducing farm policies may lead to increases …

risk-balancing plans. Cross-sectional regression results for two-time period models covering the decade of the 1980s and … 1990s yielded important implications. The liquidity-constrained environment of the 1980s emphasizes the combination of risk-balancing … plans, specialization, and market revenue-enhancing strategies. In the 1990s, risk balancing becomes compatible with risk …

risk-balancing plans. Cross-sectional regression results for two-time period models covering the decade of the 1980s and … 1990s yielded important implications. The liquidity-constrained environment of the 1980s emphasizes the combination of risk-balancing … plans, specialization, and market revenue-enhancing strategies. In the 1990s, risk balancing becomes compatible with risk …

Using optimization techniques in a simulation framework, this study demonstrates the synergy between risk balancing and … usually downplays the risk balancing strategy as the farm utilizes credit reserves to implement other production and marketing …