Showing 1 - 10 of 22
Replaced with revised version of paper 02/15/06.
Persistent link: https://www.econbiz.de/10005500202
Using a non-parametric linear programming approach, our contribution is (1) to examine the impact of incorporating risk … in efficiency analysis and (2) to compare the efficiency measures with and without risk for continuous and rotation … gains are realized with the incorporation of risk. The t-test at the 5% level of significance examining if efficiency …
Persistent link: https://www.econbiz.de/10005522198
Producer revenue is simultaneously simulated for several hundred county-specific representative farms. The effects of current and alternative commodity programs are analyzed. In particular, two variations of revenue-triggered programs similar to plans proposed by the National Corn Growers...
Persistent link: https://www.econbiz.de/10005525704
The probability of a severe infestation ranges from 2% to 98% depending on investment in monitoring, prevention, and response technology. Given the estimated potential for economic damages, preliminary results indicate that prudent investment in prevention and early response net a present value...
Persistent link: https://www.econbiz.de/10005525709
Three marketing strategies (selling a put option, cash sale at harvest, and cash sale in June) are simulated based on historical values and ranked based on certainty equivalents for a representative irrigated and dryland cotton farm Scenario analysis is also used to compare varying yield values.
Persistent link: https://www.econbiz.de/10005536592
Copy on AgEcon Search replaced with a revised copy 2/14/06.
Persistent link: https://www.econbiz.de/10005483467
farmers’ risk preferences. SERF is a valuable tool because it incorporates a utility function and a range of decision …-maker risk preferences. Data from two production experiments were used: 1) research trials at the University of Florida’s farm … research trials show that for both diseases and cultivars, the SAS-based method is the most preferred given any farmers’ risk …
Persistent link: https://www.econbiz.de/10011125399
Grain/fertilizer volumes are major risks for grain/supply cooperatives followed by fertilizer and fuel margins. Operating losses force stock write downs (22% probability) and negative cashflow (15% probability). Decisions on cash and stock patronage, infrastructure investment, and equity...
Persistent link: https://www.econbiz.de/10010915002
During the financial downturn of 2008, asset classes that investors traditionally found to have low correlation with U.S. stocks became more highly correlated at the most inopportune time. Post-downturn, investors increasingly looked for alternative assets that offer diversification benefits,...
Persistent link: https://www.econbiz.de/10010915036
Replaced with revised version of paper 02/14/06.
Persistent link: https://www.econbiz.de/10005806519