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This study compares the effectiveness of two crop insurance plans: an individual farm-yield measurement similar to the current Federal Crop Insurance Corporation multi-peril program and an area-yield measurement method. These methods are examined for reduction in yield and gross farm income...
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Six rotations, four of which include a sequence of wheat followed immediately after harvest by double-cropped soybeans, are evaluated with the option of participating in the government commodity program. Stochastic dominance analysis is used to evaluate these rotations for net return risk....
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Establishment of efficient farm irrigation practices is influenced by the knowledge the irrigator has concerning both the economic and technological aspects of irrigation. The eventual goal of water conservation research is to have water users establish conservation techniques as parts of their...
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Emphasis on finding the most cost-effective ways to reduce reservoir sedimentation is increasing. Biophysical and economic models for a large agricultural watershed are integrated to estimate the average and marginal costs of reducing sedimentation with an optimal combination of land management...
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Concerns about the drought of 1988 continuing on into 1989 have lead to increased interest in the use of crop insurance to mitigate the effects of low yields on farm income. This paper analyzes the selection of crop insurance yield guarantee levels and indemnity prices based on risk preferences...
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