Yang, Xi; Paulson, Nick; Khanna, Madhu - Agricultural and Applied Economics Association - AAEA - 2013
This paper analyzes the effect of landowner risk preferences and land quality on the optimal mix of vertically … integrated production and contracted production of an energy crop in a region characterized by heterogeneity in landowners’ risk … land leasing contract, a fixed price contract and a revenue sharing contract and the impact of risk and time preferences …