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Land resilience and tail dependence among crop yield distributions

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Systemic risk, relative subsidy rates, and area yield insurance choice

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Modeling stochastic crop yield expectations with a limiting beta distribution

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Chapter 2 Uncertainty, risk aversion, and risk management for agricultural producers

Moschini, Giancarlo; Hennessy, David A. - In: Handbook of agricultural economics : volume 1, part A , …, (pp. 87-153). 2001

Uncertainty and risk are quintessential features of agricultural production. After a brief overview of the main sources of agricultural risk, we provide an exposition of expected utility theory and of the notion of risk aversion. This is followed by a basic analysis of agricultural production...

Persistent link: https://www.econbiz.de/10014024139