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Frontmatter -- Contents -- Preface to the Paperback Edition -- Preface to the First Edition -- Introduction -- Chapter 1. The Great Moderation -- Introduction -- Birth: Calm after the Storms -- Life: The Great Risk Shift -- Death: The Dissenters and Their Vindication -- Reanimation: A Global...
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Optimal producer behavior in the presence of area-yield insurance is studied. The producer's optimal production and insurance choices are characterized. The effect of the provision of area-yield insurance on production patterns is studied, and sufficient conditions for the provision of...
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