Zhu, Ying; Ghosh, Sujit K.; Goodwin, Barry K. - Agricultural and Applied Economics Association - AAEA - 2008
the risk of revenue variability that arises from changes in prices, yields shortfalls or both. There are several models … for price and yield risk factors for corn and soybeans. For instance, yield risks can be modeled by a family of Beta … preserves a given set of marginals, a copula approach can be used to characterize the joint yield and price risk of corn and …