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	Provedor de dados AgEcon (1) Autor Hadjigeorgalis, Ereney (1) Palavra-chave Permanent rights markets (1) Resource /Energy Economics and Policy (1) Risk (1) Risk and Uncertainty (1) Spot markets (1) Uncertainty (1) Water markets (1) Mais... Tipo do documento Conference Paper or Presentation (1) Ano 1999 (1) País United States (1) Idioma Inglês (1)		Ordenar por:  Relevância Autor Título Ano Registros recuperados: 1 Primeira ... 1 ... Última TRADING UNDER RISK AND UNCERTAINTY IN AN AGRICULTURAL WATER MARKET IN CHILE AgEcon Hadjigeorgalis, Ereney. Risk and uncertainty in a water market will generate trading patterns that differ from those expected under conditions of perfect foresight. Although trades will occur based on differences in VMPs of water in both markets, they will also be generated by differences in risk. Some farmers will choose to reduce relative risk by purchasing additional water rights whereas others will hold few rights and rely on the spot market to meet their needs in dry years. Since spot markets are riskier than permanent rights markets, farmers who are better able to bear risk are more likely to participate in the spot market than those who are not. Farmers who face less risk will be sellers in both markets whereas farmers who face more risk will be buyers. Perennial crop... Tipo: Conference Paper or Presentation Palavras-chave: Risk; Uncertainty; Water markets; Spot markets; Permanent rights markets; Resource /Energy Economics and Policy; Risk and Uncertainty. Ano: 1999 URL: http://purl.umn.edu/21494 Registros recuperados: 1 Primeira ... 1 ... Última

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