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Rambaldi, Alicia N.; Zapata, Hector O.; Christy, Ralph D.. |
A credit scoring function incorporating statistical selection criteria was proposed to evaluate the credit worthiness of agricultural cooperative loans in the Fifth Farm Credit District. In-sample (1981-1986) and out-of-sample (1988) prediction performance of the selected models were evaluated using rank transformation discriminant analysis, logit, and probit. Results indicate superior out-of-sample performance for the management oriented approach relative to classification of unacceptable loans, and poor performance of the rank transformation in out-of-sample prediction. |
Tipo: Journal Article |
Palavras-chave: Agribusiness. |
Ano: 1992 |
URL: http://purl.umn.edu/30380 |
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Simmons, Phil; Rambaldi, Alicia N.. |
The potential for hedging Australian wheat with the new Sydney Futures Exchange wheat contract is examined using a theoretical hedging model parametised from previous studies. The optimal hedging ratio for an `average' wheat farmer was found to be zero under reasonable assumptions about transaction costs and based on previously published measures of risk aversion. The estimated optimal hedging ratios were found by simulation to be quite sensitive to assumptions about the degree of risk aversion. If farmers are significantly more risk averse than is currently believed, then there is likely to be an active interest in the new futures market. |
Tipo: Journal Article |
Palavras-chave: Crop Production/Industries; Marketing; Risk and Uncertainty. |
Ano: 1997 |
URL: http://purl.umn.edu/118012 |
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