A utility maximization model is used to assess alternative risk management portfolios of Pacific Northwest non‐irrigated grain producers using three rotational practices. Risk management tools include hedging with wheat futures, yield insurance, two revenue insurance products (with and without...

This research develops a multilevel framework that investigates the optimal distinctiveness of strategic categorization within and between categories, and examines how these factors independently and interactively influence market performance. Our longitudinal study, involving 2,409 firms from...