Roosen, Jutta; Hennessy, David A. - In: American Journal of Agricultural Economics 85 (2003) 1, pp. 30-43
For risk-averting agents, risks alter production decisions while the existence of institutions to insure against adverse states of nature will likely restore decisions toward levels under risk neutrality. In this article, conditions are identified on a stochastic technology to test H<sup arrange="stack">rn<sub arrange="stack">0,≤</sub>:...</sup>