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Many previous studies provide pricing models of options on futures spreads. However, none of them fully reflect the … distribution of calendar spreads and convenience yield for Chicago Board of Trade corn calendar spread options. Panel unit root …
Persistent link: https://www.econbiz.de/10010880923
The issue of whether profitable preharvest and postharvest marketing strategies exist relative to harvest sales for Kansas crops for the 1985-1998 marketing years is addressed. Practical application of market efficiency concepts is discussed. Nonharvest wheat marketing strategies offered less...
Persistent link: https://www.econbiz.de/10005513562
This study employs a dynamic continuous time model to calculate farm and total farm/financial/off-farm investment portfolios. Data are from the Southwestern Minnesota Farm Business Management Association records. Results are derived for classes of farms sorted by farm profitability. It is shown...
Persistent link: https://www.econbiz.de/10005493601
toward the risk involved in basket price variation. To test this hypothesis, I devise a laboratory experiment that consists … subjects' risk attitudes. In the second part of the experiment, I use an incentive-compatible choice-based conjoint experiment … of two stages. In the first part of the experiment, I use an incentive-compatible lottery choice experiment to identify …
Persistent link: https://www.econbiz.de/10010880975
consumption of harmful goods. In an experiment we empirically test for strategic self-ignorance. The experiment entails prepared …
Persistent link: https://www.econbiz.de/10010881102
Since 2000 Germany has a fairly unique market mechanism to trade milk quotas between dairy farms. The two major features are: (1) a quasi auctioning system that produces excess demands which are covered by state reserves free of charge and (2) a price band is used to exclude high price bids. For...
Persistent link: https://www.econbiz.de/10009020263
Incentive compatible auction experiments, often referred to as homegrown value auctions, have become a popular tool for exploring how controversial product attributes and knowledge of these attributes affect consumer willingness to pay. A common observation in these experiments is a prevalence...
Persistent link: https://www.econbiz.de/10009021542
Please do not cite without the authors' permission.
Persistent link: https://www.econbiz.de/10011070066
management strategy for several levels of risk aversion. Research Methods Hard red winter wheat grain yield data were produced in … included the per acre cost of chemical as well as the per acre rental rate for ground application. Risk analysis was conducted … treatment cost that would entice wheat producers to use fungicide for several levels of risk aversion. Potential for Generating …
Persistent link: https://www.econbiz.de/10010880866
availability. Hence stochastic rainfall poses considerable production risk in the region and developing strategies to maximize the … optimal decisions were not sensitive to variations in price of cotton lint and farmer’s attitude towards risk. …
Persistent link: https://www.econbiz.de/10010880911