| Registro completo |
| Provedor de dados: |
31
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| País: |
United States
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| Título: |
EFFICIENCY CRITERIA AND RISK AVERSION: AN EMPIRICAL EVALUATION
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| Autores: |
Wetzstein, Michael E.
Szmedra, Philip I.
McClendon, Ronald W.
Edwards, David M.
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| Data: |
2003-03-07
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| Ano: |
1988
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| Palavras-chave: |
Risk and Uncertainty
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| Resumo: |
A conceptual link among mean-variance (EV), stochastic dominance (SD), and mean-risk (ET), and Gini mean difference (EG) is established for determining risk efficient decision sets. The theoretical relations among the various efficiency criteria are then empirically demonstrated with a soybean and wheat double-crop simulation model. Empirical results associated with extended Gini mean difference (EEG) and extended mean-absolute Gini (EET) for risk analysis are encouraging.
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| Tipo: |
Journal Article
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| Idioma: |
Inglês
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| Identificador: |
7526
http://purl.umn.edu/29716
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| Editor: |
AgEcon Search
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| Relação: |
Southern Journal of Agricultural Economics>Volume 20, Number 01, July 1988
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| Formato: |
8
application/pdf
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