|
|
|
| Registros recuperados: 122 | |
|
| |
|
|
| Rahman, Shaikh Mahfuzur; Dorfman, Jeffrey H.; Turner, Steven C.. |
| Cottonseed crushers face substantial risk in terms of input and output price variability and they are limited in their planning by the lack of a viable futures contract for cottonseed or cottonseed products. This study examines the feasibility of cross-hedging cottonseed products using the soybean complex futures. Different cross-hedging strategies are evaluated for eight time horizons relative to the expected profit and utility of the crusher. A Bayesian approach is employed to estimate both model parameters and optimal hedge ratios, allowing consistency with expected utility maximization in the presence of estimation risk. The results reveal that both whole cottonseed and cottonseed products can be successfully cross-hedged using soybean complex futures.... |
| Tipo: Journal Article |
Palavras-chave: Bayesian decision science; Cottonseed; Cross-hedging; Risk management; Crop Production/Industries. |
| Ano: 2004 |
URL: http://purl.umn.edu/31114 |
| |
|
| |
|
|
| Hanson, Terrill R.; Shaik, Saleem; Coble, Keith H.; Edwards, Seanicaa; Miller, J. Corey. |
| Two double-limit tobit models are used to identify significant risk factors that most affect farm-raised catfish losses from weather-related events and from disease outbreaks. Results of the weather loss model indicate that the variables for operator education level, number of ponds, pond water depth, production management strategy, past experience with severe losses from low oxygen levels from off-farm power outages, past experience with severe losses from diseases, and being in the South are statistically significant. Results of the disease loss model indicate that the variables for operator experience and pond water depth are significant. De-velopment of models explaining weather and disease losses through observable variables pro-vides a better... |
| Tipo: Journal Article |
Palavras-chave: Aquaculture; Tobit; Risk management; Columnaris; Enteric septicemia of catfish; Weather losses; Livestock Production/Industries; Risk and Uncertainty. |
| Ano: 2008 |
URL: http://purl.umn.edu/44736 |
| |
|
|
| Grant, Colin; Knight, Catherine; Nation, Eloise; Barratt, David. |
| Climate science has made enormous progress over the last two decades in understanding the nature of earth's climate and the changes that are taking place. Under climate change projections, we can say with some confidence that the Australian climate will continue to become hotter, and temperature-related extreme events are likely to increase in frequency. However, we cannot yet project with any reasonable level of confidence changes to rainfall and the occurrence of drought. So although there is strong evidence for the reality of climate change, there is still considerable uncertainty associated with projections of precisely how climate change will unfold in the future, particularly at regional and local scales where most farming management decisions are... |
| Tipo: Conference Paper or Presentation |
Palavras-chave: Climate change; Risk management; Environmental Economics and Policy; Risk and Uncertainty. |
| Ano: 2007 |
URL: http://purl.umn.edu/9255 |
| |
|
| |
|
|
| Wiszniowski, Edward. |
| Emergence of crisis in financial markets, especially banks, have forced a change in approach to risk management. It has become necessary to develop new or refine existing models of early bankruptcy threat warning, as well as establishing the potential impact of bank failures. One of the tools, indicating that resistance to the phenomenon of crisis is “stress testing”. Its aim, at least in the case of banks, is concerned with estimating the level of economic resistance towards the occurring risk. Some of these risks are: the non-payment of loans due to deterioration in the economic situation of a country, fluctuations in interest rates, exchange rates and a fall in prices of securities which are traded on stock exchanges. This article discusses the nature... |
| Tipo: Journal Article |
Palavras-chave: Banking; Banking risks; Risk management; Financial crisis; Financial Economics; G32. |
| Ano: 2010 |
URL: http://purl.umn.edu/95941 |
| |
|
| |
|
| |
|
| |
|
|
| Berg, Ernst. |
| This paper investigates the farm level impacts of multiple peril yield and revenue insurance in an expected value-variance framework. The analysis is conducted using stochastic simulation jointly with numerical optimisation. Simulation is used to compute the means and variances of revenues as affected by the insurance schemes under consideration. In a second step these results are incorporated in a whole-farm programming approach, which optimises a portfolio that consists of crop production and insurance activities. The results of a case study indicate that from the farmer's point of view there is an incentive to buy multiple peril crop insurance, because it significantly reduces the variability of income. The risk reduction through insurance in turn leads... |
| Tipo: Conference Paper or Presentation |
Palavras-chave: Crop insurance; Risk management; Portfolio selection; Stochastic programming; Expected value-variance analysis; Risk and Uncertainty. |
| Ano: 2002 |
URL: http://purl.umn.edu/24834 |
| |
|
|
| Nartea, Gilbert V.; Webster, Paul. |
| This study explores the potential for risk reduction by New Zealand farmers through the diversification of their farm asset portfolios to include financial investments such as ordinary industrial shares, government bonds and bank bills. Low correlations between rates of return on farm and these financial assets suggest that significant reduction of income variability might follow their inclusion in farmers’ portfolios. Stochastic efficiency analysis is used to analyse alternative portfolios of ordinary shares, government bonds and bank bills and New Zealand farmland, using coefficients of absolute risk aversion derived from a negative exponential utility function. The results suggest that those farmers showing high degrees of risk aversion would gain... |
| Tipo: Article |
Palavras-chave: Financial assets; NZ farmland; Risk management; Stochastic efficiency analysis; Agricultural and Food Policy; Risk and Uncertainty. |
| Ano: 2008 |
URL: http://purl.umn.edu/118538 |
| |
|
| |
|
|
| Westcott, Paul C.; Young, C. Edwin; Price, J. Michael. |
| The Farm Security and Rural Investment Act of 2002 (2002 Farm Act), which governs agricultural programs through 2007, was signed into law in May 2002. This report presents an initial evaluation of the new legislation's effects on agricultural commodity markets, based on sectorwide model simulations under alternative policy assumptions. The analysis shows that loan rate changes under the marketing assistance loan program of the 2002 Farm Act initially result in an increase in total planted acreage of eight major program crops. This increase in plantings, however, is relatively small (less than 1 percent), partly due to the inelasticity of acreage response in the sector. In the longer run, the simulations indicate that overall plantings of the eight program... |
| Tipo: Report |
Palavras-chave: Farm legislation; 2002 Farm Act; Agricultural programs; Commodity programs; Marketing loans; Counter-cyclical payments; Direct payments; Planting flexibility; Base acres; Payment yields; Farm income; Risk management; FAPSIM; Agricultural and Food Policy. |
| Ano: 2002 |
URL: http://purl.umn.edu/33745 |
| |
|
| |
|
| |
|
| |
|
| |
|
| |
|
|
| Sookhtanlo, Mojtaba; Sarani, Valiollah. |
| The main purpose of this study was to analyze the Factors Affecting on risk management in wheat production among farmers of Razavieh region (Khorasan-E-Razavi province, Iran). Statistical population of the study was 1520 farmers that they had water cultivation. By using of stratified proportional random sampling 156 respondents were selected from 8 villages. For the calculation of the risk-aversion coefficient degree among farmers, the Safety First Rule model was used. The findings revealed that the dominant respondents (65%) were risk-averse. The results of exploratory factorial analysis showed that five factors determined about 74.267 % from total variance for wheat farmers' risk management that consist of: economy & marketing management factor,... |
| Tipo: Article |
Palavras-chave: Wheat farmers; Risk-aversion; Risk management; Drought; Agricultural extension; Farm Management; Risk and Uncertainty; GA; IN. |
| Ano: 2011 |
URL: http://purl.umn.edu/120238 |
| |
| Registros recuperados: 122 | |
|
|
|
