Texas is the leading U.S. producer of cotton, and the U.S. is the largest internationalmarket supplier of cotton. Risks and uncertainties plague Texas cotton producers withunpredictable weather, insects, diseases, and price variability. Risk management studieshave examined the risk reducing...

Conventional water treatment facilities are the norm for producing potable water forU.S. metropolitan areas. Rapidly-growing urban populations, competing demands forwater, imperfect water markets, and uncertainty of future water supplies contribute tohigh interests in alternative sources of...