Roy’s safety-first rule is used to provide measures popular with farmers of short and long term business risk … inter-year financial risk than other commonly used criteria. Results revealed that speed of adoption influenced the … greater chance of transition success. Slow acreage expansion with a custom or rental drill reduces risk until a no-till yield …

strategic incentives for either government or regulated entities. Consideration of both exogenous risk (uncontrollable) and … endogenous risk (concerns about policy credibility) suggests that permits should be auctioned several years in advance of use … all risk to be pooled and managed as efficiently as possible within the private sector. For endogenous risk, it creates a …

This paper analyzes the influence of risk and the expenditure policy of the public sector in a two-country stochastic … study the impact of risk and the public sector on consumption-wealth ratio, growth and welfare, given the exogenous size of … parameters, risk specially, on the optimal size. Then we establish that a higher weight of public consumption in the utility …

deficiency of intratemporal (contemporaneous) risk sharing is referred to as the `quantity anomaly'. Unlike the international … of intratemporal risk sharing is quite limited as compared to the observed amount of intertemporal risk sharing. …

aggregation. The extension of that literature to risk with intertemporally non-separable preferences now has become available in a …