This study analyzes the problem of multi‐commodity hedging from the downside risk perspective. The lower partial moments (LPM₂)‐minimizing hedge ratios for the stylized hedging problem of a typical Texas panhandle feedlot operator are calculated and compared with hedge ratios implied by the...

Stochastic Weather Generators (SWGs) try to replicate the stochastic patterns of climatological variables characterized by high dimensionality, non-normal probability density functions and non-linear dependence relationships. However, conventional SWGs usually typify weather variables with not...

Stochastic Weather Generators (SWGs) try to replicate the stochastic patterns of climatological variables characterized by high dimensionality, non-normal probability density functions and non-linear dependence relationships. However, conventional SWGs usually typify weather variables with not...

Stochastic Weather Generators (SWGs) try to replicate the stochastic patterns of climatological variables characterized by high dimensionality, non-normal probability density functions and non-linear dependence relationships. However, conventional SWGs usually typify weather variables with not...

This study examines the interaction between insurance, credit and liquidityconstraints using a stochastic dynamic model. A risk averse farmer whoseobjective is to manage both production and market risk is assumed tomaximize the expected utility of life-time consumption by using both arearevenue...

Georgia vegetable farmers are pressed for time to make the transition to new fumigation methods as use of methyl bromide (MeBr) will be completely banned soon. This study focuses on alternative fumigation methods for Georgia's bell pepper production with production efficiency matching MeBr....

An analytical framework for assessing the optimal solar energy subsidy is developed and estimated, which takes into account the environment, health, employment, and electricity accessibility benefits. Results indicate that an optimal subsidy is positively affected by the marginal external...

Selected papers, posters, and organized symposia abstracts are posted at: Papers: http://www.saea.org/meetings/2013/ab_papers.pdf Posters: http://www.saea.org/meetings/2013/ab_posters.pdf Symposium: http://www.saea.org/meetings/2013/ab_symp.pdf For citation purposes: Authors....