"The Effect of Planting on the Volatility of Grain Futures Prices." In the Proceedings of the NCR-134 Conference on Applied Commodity Price Analysis, Forecasting, and Market Risk Management, Chicago, IL, April 24-25, 1995

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 paper, conditions are identified on a stochastic technology to test H sub {0, le}...

currently none available

no abstract

The Saskatchewan short-term hog loan program of 2002 provided a non-market credit line to participating hog producers. The repayment conditions for cash advances committed to by the provincial government depend on later hog prices, and so the program has derivative contract attributes. We model...

Proceedings of the SERA-IEG-31 Conference on the Economics and Management of Risk in Agriculture and Natural Resources, Gulf Shores, AL, March 23-25, 2000.

abstract not available at this time

Sellers auctioning items use advertisements and location to generate interest. They seek a rightward shift in the ex-ante distribution of bidder valuations. We characterize distribution pairs such that all more-is-better expected utility maximizing sellers in preference-revealing auctions prefer...