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| Registros recuperados: 284 | |
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| Ozaki,Vitor Augusto; Olinda,Ricardo; Faria,Priscila Neves; Campos,Rogério Costa. |
| In any agricultural insurance program, the accurate quantification of the probability of the loss has great importance. In order to estimate this quantity, it is necessary to assume some parametric probability distribution. The objective of this work is to estimate the probability of loss using the theory of the extreme values modeling the left tail of the distribution. After that, the estimated values will be compared to the values estimated under the normality assumption. Finally, we discuss the implications of assuming a symmetrical distribution instead of a more flexible family of distributions when estimating the probability of loss and pricing the insurance contracts. Results show that, for the selected regions, the probability distributions present... |
| Tipo: Info:eu-repo/semantics/article |
Palavras-chave: Risk; Extreme value theory; Probability of loss; Crop insurance. |
| Ano: 2014 |
URL: http://www.scielo.br/scielo.php?script=sci_arttext&pid=S0103-20032014000100002 |
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| Roucan-Kane, Maud; Boehlje, Michael; Gray, Allan W.; Akridge, Jay T.. |
| The objective of this paper is to present the teaching note of a case study. The case study outlines the strategic issues facing Excel Cooperative as a result of the rapid expansion of biofuel production capacity in the Midwestern U.S. Excel Cooperative is a mid-sized, ‘local’, farmer-owned cooperative serving farmers in north central Indiana. Excel is composed of four divisions: agronomy, energy, grain, and feed/livestock. With the Excel case, the reader must think strategically about the broad impacts of the biofuel “boom”, apply strategic management tools and decision-making under uncertainty concepts to better understand the impacts, and frame a response. The methodology proposed in the teaching note is composed of a SWOT analysis, scorecarding and... |
| Tipo: Working or Discussion Paper |
Palavras-chave: Uncertainty; Risk; Heat mapping; Scorecarding; Scenario analysis; Payoff matrix; Decision tree; Real option; Traps; Agribusiness; D81. |
| Ano: 2009 |
URL: http://purl.umn.edu/53584 |
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| Keeler, Andrew G.; Kriesel, Warren; Landry, Craig E.. |
| This paper uses the results of a nationwide survey of coastal property owners to estimate the demand for insurance against erosion damage. The National Flood Insurance Program (NFIP) does not technically cover such damage, although in practice there is considerable uncertainty about this point. The ability to insure against such losses has implications for the choice of beach management strategies and for NFIP management. We find significant demand for insurance at prices in the range of current flood insurance premiums, although median willingness to pay appears to be less than cost of providing such insurance. |
| Tipo: Journal Article |
Palavras-chave: Coastal erosion; Insurance; Risk; Q24; G22; H41. |
| Ano: 2003 |
URL: http://purl.umn.edu/43199 |
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| Jongeneel, Roelof A.; Slangen, Louis H.G.. |
| Although still the family farm is the dominant farm type there are changes in the legal mode of organization. Applying the new institutional economics and economic organisation theory the different organisation modes are explained, mainly in terms of control and income rights. Important factors are (limited) liability, risk-bearing costs, transaction costs, and residual control and income rights. This is subsequently applied to Dutch agriculture, taking into account its special characteristics. In an empirical follow-up, based on a sample of all the farmers in the Netherlands, the farmers attitudes and the farm advisory network are analysed. Finally, farm types are explained using bivariate logit analysis, taking into account attitudinal, advisory-network... |
| Tipo: Conference Paper or Presentation |
Palavras-chave: Farm organization; Ownership and management; Liability; Risk; Residual control and income rights; Attitudes; Advisory network; Industrial Organization. |
| Ano: 2005 |
URL: http://purl.umn.edu/24441 |
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| Jongeneel, Roelof A.; Polman, Nico B.P.; Slangen, Louis H.G.. |
| Although the family farm remains the dominant organisational form for farms there are changes in the legal mode of organisation. Applying the new institutional economics and economic organisation theory the different organisation modes are explained, mainly in terms of control and income rights. Important factors are (limited) liability, risk-bearing costs, transaction costs, and residual control and income rights. In an empirical follow-up, based on a sample among 3100 farmers in the Netherlands, the impact of farmers' attitudes, farm advisory network, and structural variables on organisation choice are analysed. Especially the financial advisors appear to play a significant role in the choice of organisation mode. Other factors are age, branche... |
| Tipo: Conference Paper or Presentation |
Palavras-chave: Farm organisation; Ownership and management; Liability; Risk; Residual control and income rights; Attitudes; Advisory network; Farm Management; Industrial Organization; Q12. |
| Ano: 2005 |
URL: http://purl.umn.edu/24526 |
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| Dedah, Cheikhna O.; Kazmierczak, Richard F., Jr.; Keithly, Walter R., Jr.. |
| Coastal wetland loss has been a major problem in Louisiana, exceeding 1.2 million acres over the last century alone. Although federal, state, and local efforts have attempted to combat this loss from a public perspective, little has been done to encourage private landowners to maintain and protect their coastal lands. This paper investigates the factors that influence private landowners to invest in coastal wetland restoration and maintenance activities in Louisiana. We surveyed private coastal landowners to determine their general socioeconomic characteristics, attitudes toward risks, attitudes toward wetland conservation, current uses of landholdings, and previous investments in wetland restoration and maintenance projects. Using this survey data, an... |
| Tipo: Conference Paper or Presentation |
Palavras-chave: Wetlands; Restoration; Investment; Risk; Attitudes; Environmental Economics and Policy; Land Economics/Use; Risk and Uncertainty. |
| Ano: 2010 |
URL: http://purl.umn.edu/56451 |
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| Dunn, Jerry W.; Williams, Jeffery R.. |
| Farm-level, cross-section and panel data were used with econometric methods to examine relationships between variability in net farm income and explanatory variables including government payments, gross crop income, gross livestock income, costs, efficiency measures, and other socioeconomic characteristics such as age, leverage, percent of land rented, and enterprise diversification. The results suggest that quantifying the impacts of socioeconomic factors on variability of net farm income is difficult. Among the income variables, changes in gross crop income had the largest impact. Among cross-section data, increases in interest costs, age, and diversification were found to have positive relationships with net income variability. However, only the... |
| Tipo: Conference Paper or Presentation |
Palavras-chave: Diversification; Farm planning; Panel data; Risk; Tobit; Agricultural Finance; Farm Management. |
| Ano: 2000 |
URL: http://purl.umn.edu/36337 |
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| Cordier, Jean. |
| Farm risk management for income stabilization is on-going issue. An applied work has been performed to measure farm risk using a stochastic model. Risk management tools, with symmetric as well as asymmetric impacts, are then tested and compared through ad hoc statistics. Normal farm business risk can be efficiently managed using a precautionary saving provision. Farm revenue insurance is found as the most efficient asymmetric tool for dealing with climatic and market shocks. The linkage between these complementary tools can be adjusted upon market environment. |
| Tipo: Conference Paper or Presentation |
Palavras-chave: Comparative; Performance; Risk; Management; Tools. |
| Ano: 2008 |
URL: http://purl.umn.edu/48105 |
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| Coble, Keith H.. |
| Legislatively mandated declines in government program payments have coincided with sharp declines in most major crop commodity prices. Thus, a debate has begun about the direction of future farm policy. The debate has been largely expressed in terms of a "safety net" for producers. This paper address several economic issues associated with proposals to enhance the agricultural "safety net." The case is made that crop insurance reform cannot satisfy the desire for above-market price supports. Characteristics required for an insurable risk are discussed, as are the interactions between public and private risk-management tools. |
| Tipo: Journal Article |
Palavras-chave: Agricultural policy; Crop insurance; Risk; Agricultural and Food Policy; Risk and Uncertainty. |
| Ano: 2000 |
URL: http://purl.umn.edu/14704 |
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| Beare, Stephen; Chambers, Raymond. |
| Environmental intervention is often seen as being high risk and high return. Traditional scientific hypothesis testing provides limited guidance to policy makers unless there is a high level of certainty in the supporting scientific evidence. Traditional cost-benefit analysis under uncertainty has shortcomings when considering high-risk investment, largely due to the choice of how to discount uncertainty outcomes. A corollary is that traditional cost-benefit analysis does not place a value on increased certainty, an important outcome of successful scientific research. A fiducial costbenefit methodology is presented in this paper, which integrates hypothesis testing and traditional cost-benefit analysis. The fiducial approach is one way of objectively... |
| Tipo: Presentation |
Palavras-chave: Cost-benefit; Risk; Uncertainty; Cost-benefit; Fiducial inference; Research and Development/Tech Change/Emerging Technologies. |
| Ano: 2012 |
URL: http://purl.umn.edu/124232 |
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| Registros recuperados: 284 | |
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