Author: Robert G. ChambersPublisher:
ISBN:
Category : Production functions (Economic theory)
Languages : en
Pages : 48
Book Description
Separation and Hedging Results with State-contingent Production
Author: Robert G. ChambersPublisher:
ISBN:
Category : Production functions (Economic theory)
Languages : en
Pages : 48
Book Description
Uncertainty, Production, Choice, and Agency
Author: Robert G. ChambersPublisher: Cambridge University Press
ISBN: 9780521785235
Category : Business & Economics
Languages : en
Pages : 396
Book Description
This book presents a justification of the state-contingent approach to the economics of uncertainty.
A Comprehensive Assessment of the Role of Risk in U.S. Agriculture
Author: Richard E. JustPublisher: Springer Science & Business Media
ISBN: 1475735839
Category : Technology & Engineering
Languages : en
Pages : 580
Book Description
After all the research on agricultural risk to date, the treatment of risk in agricultural research is far from harmonious. Many competing risk models have been proposed. Some new methodologies are largely untested. Some of the leading empirical methodologies in agricultural economic research are poorly suited for problems with aggregate data where risk averse behavior is less likely to be important. This book is intended to (i) define the current state of the literature on agricultural risk research, (ii) provide a critical evaluation of economic risk research on agriculture to date and (iii) set a research agenda that will meet future needs and prospects. This type of research promises to become of increasing importance because agricultural policy in the United States and elsewhere has decidedly shifted from explicit income support objectives to risk-related motivations of helping farmers deal with risk. Beginning with the 1996 Farm Bill, the primary set of policy instruments from U.S. agriculture has shifted from target prices and set aside acreage to agricultural crop insurance. Because this book is intended to have specific implications for U.S. agricultural policy, it has a decidedly domestic scope, but clearly many of the issues have application abroad. For each of the papers and topics included in this volume, individuals have been selected to give the strongest and broadest possible treatment of each facet of the problem. The result is this comprehensive reference book on the economics of agricultural risk.
Handbook of Production Economics
Author: Subhash C. RayPublisher: Springer Nature
ISBN: 9811034559
Category : Business & Economics
Languages : en
Pages : 1797
Book Description
This three-volume handbook includes state-of-the-art surveys in different areas of neoclassical production economics. Volumes 1 and 2 cover theoretical and methodological issues only. Volume 3 includes surveys of empirical applications in different areas like manufacturing, agriculture, banking, energy and environment, and so forth.
Risk Management and the Environment: Agriculture in Perspective
Author: B.A. BabcockPublisher: Springer Science & Business Media
ISBN: 9401729158
Category : Business & Economics
Languages : en
Pages : 214
Book Description
Risk Management and the Environment: Agriculture in Perspective is a modern academic work that seeks to bring out both to the private and the policy sectors the importance of risk management in relation to the envi ronment in agriculture, as the world moves towards freer markets. Many efforts were pooled together in making this book. Three years ago, an attempt was made by one of the editors to get a project on 'Agri cultural Risk Management and Sustainabilty' (ARMAS) funded by the European Commission. Probably deeming the proposal as prematurely novel for Europe, the Commission's screening experts abandoned its evaluation. Following that experience it became apparent that the literature on the theme ought to be strengthened and emphasized through a book by a well known publishing house. The editorial team was formed relatively quickly and an invitation to known experts in the field for contributions was issued. Subsequently, Kluwer Academic Publishers, evaluated an edited volume proposal package, and final revisions were made prior to submitting the entire manuscript for publication. We are gratefully acknowledging the moral support of several individu als as well as the patience of our publishers.
Talking Down the Firm
Author: Gerald T. GarveyPublisher:
ISBN:
Category : Chief executive officers
Languages : en
Pages : 28
Book Description
Property Rights and Incomplete Contracts
Author: Rohan PitchfordPublisher:
ISBN:
Category : Externalities (Economics)
Languages : en
Pages : 56
Book Description
A model of externalities with sequential location choice is developed. The first mover decides on location before it knows the identity of the second mover. Joint location results in a negative externality. The court, having limited information, allocates property rights over the externality based on the timing of location. Sufficient conditions are presented supporting the 'coming to the nuisance' doctrine, where the first mover is given property rights. This doctrine is not always supported: greater surplus may be generated by giving property rights to the second mover. A sufficient condition guaranteeing optimality for any property-rights allocation is derived.
Handbook of Agricultural Economics
Author: Bruce L. GardnerPublisher:
ISBN:
Category : Agricultural credit
Languages : en
Pages : 640
Book Description
Collective Labor Supply and Household Production
Author: Patricia AppsPublisher:
ISBN:
Category : Households
Languages : en
Pages : 24
Book Description
A Model of Myopic Corporate Behaviour with Efficient Stock Markets and Optimal Management Incentive Contracts
Author: Gerald T. GarveyPublisher:
ISBN:
Category : Industrial management
Languages : en
Pages : 26
Book Description