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Crop insurance in transition: a qualitative and quantitative assessment of insurance products
Bokusheva, Raushan - 2004
This discussion paper considers insurance as a possible instrument of farm income stabilization and compares several crop insurance products with respect to their applicability in a transition economy using the case of Kazakhstan. The analysis is based on a qualitative evaluation as well a...
Persistent link: https://www.econbiz.de/10010299333
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Which type of crop insurance for Kazakhstan? Empirical results
Heidelbach, Olaf; Bokusheva, Raushan; Kussaiynov, Talgat - 2004
Risk plays an important role in agricultural decision-making, particularly in those regions that are remarkably exposed … conditions, risk attitudes and risk management techniques with respect to the requirements of a functioning crop insurance system …Risiko spielt eine wichtige Rolle im Entscheidungsprozess landwirtschaftlicher Unternehmer, insbesondere in Regionen …
Persistent link: https://www.econbiz.de/10010299344
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Disagreement and authority
Ellingsen, Tore; Miettinen, Topi - 2007
Can two negotiators fail to agree when both the size of the surplus and the rationality of the negotiators are common knowledge? We show that the answer is affirmative. When the negotiators can make irrevocable commitments at a low but positive cost, the unique symmetric equilibrium entails...
Persistent link: https://www.econbiz.de/10010263800
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Private ex-ante transaction costs for repeated biodiversity conservation auctions: A case study
Groth, Markus - 2008
The European Union's Council Regulation (EC) No 1698/2005 on support for rural development by the European Agricultural Fund for Rural Development has introduced promising changes in rewarding farmers by the implementation of conservation auctions and granting farmers' transaction costs. The...
Persistent link: https://www.econbiz.de/10010265177
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Factor Content of Bilateral Trade: The Role of Firm Heterogeneity and Transaction Costs
Kancs, D'Artis; Ciaian, Pavel - 2009
In this paper we study the detfirminants of the factor content of the CEE agricultural trade. Examining empirically three hypothesis, which relate cross-country differences in technology, relative factor abundance and transaction costs and market imperfections to the factor content of trade we...
Persistent link: https://www.econbiz.de/10010313363
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The crisis in the foreign exchange market
Melvin, Michael; Taylor, Mark P. - 2009
The financial crisis of 2007-2008 had major implications for the foreign exchange market. We review events and implications for exchange rates, volatility, returns to currency investing, and transaction costs. This blow-by-blow" narrative is intended to be a resource for researchers seeking a...
Persistent link: https://www.econbiz.de/10010266026
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Networks and markets: The dynamic impacts of information, matching and transaction costs on trade
Kumagai, Yuki - 2010
The purpose of this paper is to explore strategic incentives to use trade networks rather than markets and shed light on the dynamic relation between the two distinct trading systems: a formal system of markets and a issues in the infinitely repeated multi-player prisoner's dilemma...
Persistent link: https://www.econbiz.de/10010277495
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Buchbesprechung: Beckmann, V. (2000): Transaktionskosten und institutionelle Wahl in der Landwirtschaft: zwischen Markt, Hierarchie und Kooperation
Weingarten, Peter - 2000
Landwirtschaft : Zwischen Markt, Hierarchie und Kooperation [Transaction costs and institutional choice in agriculture : Between …Im vorliegenden Beitrag wird die Publikation von BECKMANN, V. (2000): Transaktionskosten und institutionelle Wahl in … der Landwirtschaft : Zwischen Markt, Hierarchie und Kooperation besprochen. …
Persistent link: https://www.econbiz.de/10010299420
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Limited financial market participation: A transaction cost-based explantation
Paiella, Monica - 2001
former decreasing in the degree of relative risk aversion and those of the latter increasing in it. Using the US Consumer … utility and who can trade in the S&P500 CI. This lower bound declines rapidly in risk aversion for levels of risk aversion up …-participation for a consumer with log utility and who can trade in US Treasury Bills. This lower bound rises steadily in risk aversion. …
Persistent link: https://www.econbiz.de/10010293023
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The Climate Challenge for Agriculture and the Value of Climate Services: Application to Coffee-Farming in Peru
Lechthaler, Filippo; Vinogradova, Alexandra - 2016
The use of climate information in economic activities, typically provided by climate services, may serve as a possible adaptation strategy to changing climate conditions. The present paper analyzes the value of climate services aimed at improving agricultural productivity through a reduction in...
Persistent link: https://www.econbiz.de/10011753295