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By altering the probability distribution of farm income, crop insurance programs affect farmer's input use decision. Ramaswami's (1993) one-shock model analyzed the effect of the crop insurance on single input use by allowing the randomness of yield while keeping price constant in revenue...
Persistent link: https://www.econbiz.de/10009442844
We argue that existing agricultural insurance valuation models are limited either because they are not complete equilibrium models that price the non-diversifiable risk involved in issuing insurance contracts, or they assume complete markets which appears at odds with most applications of...
Persistent link: https://www.econbiz.de/10009442887
Information on typical differences in prices and price risk (as measured by the variances ofprices) across marketing arrangements aids fed cattle producers in making choices aboutmethods to use for selling fed cattle to beef packers. This information is also useful for policydiscussions on...
Persistent link: https://www.econbiz.de/10009443340
The welfare effects of GM (genetic modification)-led productivity growth for cassava producers are partly affected by the characteristics of individual cassava producing households. Those household characteristics include the elasticity of production and home consumption of cassava. Some studies...
Persistent link: https://www.econbiz.de/10009443291
Growth in IT outsourcing is expected to remain high in the coming years as there have been widespread market claims that IT outsourcing can reduce firms' costs by over 30 percent. The scope and range of IT outsourcing services are also increasing, as evidenced by the promotion of ASP...
Persistent link: https://www.econbiz.de/10009481217
Persistent link: https://www.econbiz.de/10011425031
In this study, we seek to further our knowledge of e-marketplaces by exploring empirically the existence of different types of business-to-business e-marketplaces. We used the reference model for electronic markets [Schmid & Lindemann 1998] as the theoretical foundation for a domain-specific...
Persistent link: https://www.econbiz.de/10009448882