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VALUATION OF NEW SPRING WHEAT VARIETIES: TRADEOFFS FOR GROWERS AND END-USERS (SUMMARY) AgEcon
Dahl, Bruce L.; Wilson, William W.; Johnson, D. Demcey; Nganje, William E..
Variety release decisions involve a number of tradeoffs, usually between grower and end-user characteristics as well as significant uncertainties about agronomic, quality, and economic variables. In this study, methodologies were developed to value tradeoffs for grower and end-user characteristics for wheat. The models capture effects of variability in agronomic, quality, and economic variables. The models were applied for three experimental varieties which have since been released and for two hypothetical varieties. Results indicate two of the experimental varieties provide improvements in grower and end-use value over most of the incumbents. Comparison of a risk adjusted portfolio model consisting of characteristics of end-use and grower values...
Tipo: Working or Discussion Paper Palavras-chave: Variety Development; Grower Value; End-user Value; North Dakota; Tradeoffs; Stochastic Dominance; Portfolio Value; Crop Production/Industries.
Ano: 2001 URL: http://purl.umn.edu/23590
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PROCUREMENT RISKS AND STRATEGIES TO IMPROVE QUALITY CONSISTENCY IN WHEAT SHIPMENTS AgEcon
Wilson, William W.; Dahl, Bruce L..
Consistency of functional characteristics in wheat is a concern confronting buyers and sellers. This research analyzes the cost and risk of different procurement strategies for importers. A stochastic simulation model is used to determine the probability of a functional characteristic being satisfied subject to quality targets and costs for alternative purchase strategies (purchase by protein only, variety, location, variety by location, or functional tests). Joint probabilities of meeting specifications and costs were determined for the alternative purchase strategies. Stochastic dominance was used to determine which purchase strategies dominate others, and stochastic efficiency was utilized to determine the degree of preference. Results indicate...
Tipo: Working or Discussion Paper Palavras-chave: Buying Strategies; Location; Variety; Functional Characteristic Tests; Costs; Risks; Simulation; Stochastic Dominance; Crop Production/Industries; Risk and Uncertainty.
Ano: 2007 URL: http://purl.umn.edu/23498
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Imprime registro no formato completo
VALUATION OF NEW SPRING WHEAT VARIETIES: TRADEOFFS FOR GROWERS AND END-USERS AgEcon
Wilson, William W.; Dahl, Bruce L.; Johnson, D. Demcey; Nganje, William E..
Variety release decisions involve a number of tradeoffs, usually between grower and end-user characteristics as well as significant uncertainties about agronomic, quality, and economic variables. In this study, methodologies were developed to value tradeoffs for grower and end-user characteristics for wheat. The models capture effects of variability in agronomic, quality, and economic variables. The models were applied for three experimental varieties which have since been released and for two hypothetical varieties. Results indicate two of the experimental varieties provide improvements in grower and end-use value over most of the incumbents. Comparison of a risk adjusted portfolio model consisting of characteristics of end-use and grower values...
Tipo: Working or Discussion Paper Palavras-chave: Variety Development; Grower Value; End-user Value; North Dakota; Tradeoffs; Stochastic Dominance; Portfolio Value; Crop Production/Industries.
Ano: 2001 URL: http://purl.umn.edu/23622
Registros recuperados: 3
Primeira ... 1 ... Última
 

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