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policy from income support to risk management. A mix of price- and revenue-based commodity programs as well as yield- and … revenue-based insurance products provide crop producers a complex portfolio of risk management tools and choices. To make … effective risk management decisions, crop producers must integrate farm programs and crop insurance alternatives in a …
Persistent link: https://www.econbiz.de/10010878690
In the past three decades, farm families have relied on government payments and off-farm income to reduce income risk …
Persistent link: https://www.econbiz.de/10010916671
expected utility maximization framework is set up to analyze the trade-offs between higher risk protection and larger subsidy …
Persistent link: https://www.econbiz.de/10011070057
management strategy for several levels of risk aversion. Research Methods Hard red winter wheat grain yield data were produced in … included the per acre cost of chemical as well as the per acre rental rate for ground application. Risk analysis was conducted … treatment cost that would entice wheat producers to use fungicide for several levels of risk aversion. Potential for Generating …
Persistent link: https://www.econbiz.de/10010880866
Risk management and efficient, well coordinated, flow-scheduling have an increasingly important role in the competitive … of pig and sow space unit under price risk. The values are estimated with two stochastic dynamic programming models. The …
Persistent link: https://www.econbiz.de/10010916466
than ever before with crops that reduce production risk by tolerating climate fluctuation or resisting biotic stresses …. Will poor farmers who could benefit most from less vulnerability choose to purchase such risk-reducing seeds? I use data … distribution but seem indifferent about changes in higher moments of the distribution. Farmer traits such as wealth and risk …
Persistent link: https://www.econbiz.de/10005039102
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
Persistent link: https://www.econbiz.de/10009020428
Persistent link: https://www.econbiz.de/10009020818
can use information regarding how producers rate the importance of certain areas of risk and what takes most of the … various areas of risk. The results provide insights to agribusinesses that can help them identify producer segments. …
Persistent link: https://www.econbiz.de/10011068594