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To reduce agricultural water quality impacts, many US states and other countries rely on agricultural best management practices (BMPs). Although fertilizer BMP rates are supposed to ensure the economic viability of agricultural production, BMPs are frequently based on agronomic, rather than...
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at examining the risk perception, risk aversion and risk management strategies of maize producers in Awi zone, which is … found in the northwest part of Ethiopia. The study involved 343 respondents who produced maize under risk. Descriptive … management strategies that they employ. Maize farmers in the area applied human risk management strategies, production risk …
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This paper determines the degree or extent of farmer’s risk aversion that affects sustainable maize production in … model of safety-first behaviour from a cross-sectional survey of 350 maize producers in northern Nigeria. The distribution … socioeconomic factors (e.g. age of household head), farm specific variables (e.g. proportion of income from maize) and farmers …
Persistent link: https://www.econbiz.de/10005068432
Diese Dissertation besteht aus drei Aufsätzen aus den Bereichen Arbeitsmarktökonomie, berufliche Vorsorge und Sozialpolitik, die sich mit den Auswirkungen öffentlicher Gesetzgebung und makroökonomischer Schocks auf individuelle Verhaltensweisen befassen. Der zweite und dritte Aufsatz...
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This paper analyzes risk aversion in discriminatory share auctions. I generalize the k‐step share auction model of Kastl (2011, 2012) and establish that marginal profits are set‐identified for any given coefficient of constant absolute risk aversion. I also derive necessary conditions for...
Persistent link: https://www.econbiz.de/10014308566
It is often argued that Black-Scholes (1973) values overstate the subjective value of stock options granted to risk-averse and under-diversified executives. We construct a "representative" Swiss executive and extend the certainty- equivalence approach presented by Hall and Murphy (2002) to...
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