Showing 1 - 10 of 11,666
We develop a farm household model to analyze price responses of farm households. This model incorporates various types … imply that production and consumption decisions become nonseparable, even when the household buys or sells labor. An … empirical model is estimated using data from Midwest Poland. The results show that nonproportional variable transaction costs …
Persistent link: https://www.econbiz.de/10014225352
Persistent link: https://www.econbiz.de/10003761452
Persistent link: https://www.econbiz.de/10001503373
Persistent link: https://www.econbiz.de/10001231187
Persistent link: https://www.econbiz.de/10013202357
We examine potential third-party effects arising from trading water from one region (rural) to another (urban). Using labor, water and heterogeneous land, rural agents produce a traded agricultural good and nontraded service good. Absent job market frictions, increased water trading improves per...
Persistent link: https://www.econbiz.de/10014215003
Persistent link: https://www.econbiz.de/10003529986
Persistent link: https://www.econbiz.de/10010467892
Persistent link: https://www.econbiz.de/10012938887
Using techniques from deep learning, we show that neural networks can be trained successfully to replicate the modified payoff functions that were first derived in the context of partial hedging by Föllmer and Leukert. Not only does this approach better accommodate the realistic setting of...
Persistent link: https://www.econbiz.de/10013273487