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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
by meeting specific market demands while assessing the reasonable risk associated with bio-energy production for an area …, reducing the production risk and enhancing the competitiveness of bio-energy products. Gasifying biomass is a feasible way to … key components for dealing the risk and commercializing bio-energy products in long term. …
Persistent link: https://www.econbiz.de/10009020245
-food risks. The means by which this is done is novel and differs from past risk perception analyses in that it asks people … the risk perceptions has 4 main foci concerning the relative assessment of (i) novel as opposed to more familiar risks (e … versus how worrying the risks are considered to be, (iv) differences in the risk perceptions across social groups, in this …
Persistent link: https://www.econbiz.de/10009020397
Herein we model the widespread dispersal and management of an invasive species as a weak-link public good. The risk of … introduction is driven in part by economic activity, is influenced by policies directed at the risk, and economic activity responds …/adapts to the risk. Framed around recent introductions and rapid spread of dreissenid mussels in the Western United States, we …
Persistent link: https://www.econbiz.de/10009020407
Persistent link: https://www.econbiz.de/10009020428
feedstocks are also estimated and show that the 20MGYplant can tolerate greater ethanol and feedstock price risk than the 10MGY …
Persistent link: https://www.econbiz.de/10009020535
Persistent link: https://www.econbiz.de/10009020818
compliance weighted average scheme cost ratios. Beside technological and economic performance measures, we also incorporate risk … performance and risk. …
Persistent link: https://www.econbiz.de/10009020853
In order to more fully study the risks and uncertainty involved in cellulosic ethanol production, we examine a simulated plant in South Louisiana using Real Options Analysis
Persistent link: https://www.econbiz.de/10009020915
responding to risk. One of the principal means of smoothing income is through the diversification of income sources, including … depletion of assets. We examine migration and land rental market participation as responses to risk in rural China. Using a … of various manifestations of underlying idiosyncratic and covariate income risk on household responses. We find that …
Persistent link: https://www.econbiz.de/10009021091