, and on attributes associated with both business arrangements. Risk-averse farmers should be willing to pay a risk premium … for the reduction in price risk provided by a contract. Farmers with a preference for "autonomy" should be willing to pay … and own the commodity they produce. The benefits to growers from contracting (such as risk reduction) may be over …

maximization problem of crop rotation among HR rice, regular rice, and soybeans. The results demonstrate that risk attitudes and …

similar neighboring farms. This research examined the effects of management practices on risk-adjusted profit per acre for …

Central region in Michigan. Risk is an important consideration in a farmer's choice of cropping systems. This study uses 20 … years of experimental data from the Michigan State University Saginaw Valley Research Farm to determine the risk efficiency … systems. Keywords: crop rotation, cropping system, risk, stochastic dominance analysis, first-degree stochastic dominance …

risk premia. This paper demonstrates how to extract the expected policy path under the assumption that risk premia are … constant over time, and under a simple model that allows risk premia to vary. In the latter case, the risk premia are … the risk premia on these futures contracts vary over time. The impact of this variation is fairly limited for futures …