Includes front cover and editorial information.

Includes: Back Cover, JAAE Manuscript Submission Guidelines, Executive Officers, Membership and Subscription Information

The paper examines empirical returns from holding thirty- and ninety-day call and put positions, and the forecasting performance of implied volatility in the live and feeder cattle options markets. In both markets, implied volatility is an upwardly biased and inefficient predictor of realized...

Includes: Front Cover, Editorial Information, JAAE Manuscript Submission Guidelines

Includes: JAAE Manuscript Submission Guidelines; Back Cover; Southern Agricultural Economics Association Executive Committee; Membership and Subscription Information

Includes: Front Cover, Table of Contents, Editorial Information

This paper explains regionally differentiated patterns of structural change based on a theoretical framework dealing with strategic interaction of farms on the land market. The main research question focuses on the causes of regionally persistent structures. An empirical Markov chain model is...