Risk, Uncertainty, and Agricultural Development

Risk, Uncertainty, and Agricultural Development PDF Author: James A. Roumasset
Publisher:
ISBN:
Category : Agriculture
Languages : en
Pages : 482

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Book Description
Conference report on decision making theory in agricultural development under conditions of risk and uncertainty - covers statistical methodology, modeling and risk measurement; includes case study of peasant agriculture and risk preferences in North-East Brazil; outlines directions for new research. Graphs, references, statistical tables. Conference held in El Batan 1976 Mar 2 to 12.

Risk, Uncertainty, and Agricultural Development

Risk, Uncertainty, and Agricultural Development PDF Author: James A. Roumasset
Publisher:
ISBN:
Category : Agriculture
Languages : en
Pages : 482

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Book Description
Conference report on decision making theory in agricultural development under conditions of risk and uncertainty - covers statistical methodology, modeling and risk measurement; includes case study of peasant agriculture and risk preferences in North-East Brazil; outlines directions for new research. Graphs, references, statistical tables. Conference held in El Batan 1976 Mar 2 to 12.

Risk, Uncertainty and the Agricultural Firm

Risk, Uncertainty and the Agricultural Firm PDF Author: Charles Britt Moss
Publisher: World Scientific
ISBN: 9814287636
Category : Business & Economics
Languages : en
Pages : 307

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Book Description
1. Introduction. 1.1. Formulating the risk problem. 1.2. Decision criteria. 1.3. Decision making under risk : fact and fiction -- 2. Probability theory - a mathematical basis for making decisions under risk and uncertainty. 2.1. Set theory and probability. 2.2. Random variables. 2.3. Conditional probability and independence. 2.4. Some useful distribution functions. 2.5. Expected value, moments, and the moment generating function. 2.6. Estimating probability functions. 2.7. Martingales and random walks. 2.8. Summary -- 3. Expected utility - the economic basis of decision making under risk. 3.1. Consumption and utility. 3.2. Expected utility. 3.3. Expected value - variance and expected utility models. 3.4. Problems with expected utility. 3.5. Summary -- 4. Risk aversion in the large and small. 4.1. Arrow-Pratt risk aversion coefficient. 4.2. Eliciting risk aversion coefficients. 4.3 Summary -- 5. Portfolio theory and decision making under risk. 5.1. The expected value - variance frontier. 5.2. A simple portfolio. 5.3. A graphical depiction of the expected value-variance frontier. 5.4. Mean-variance versus direct utility maximization. 5.5. Derivation of the expected value-variance frontier. 5.6. Summary -- 6. Whole farm-planning models. 6.1. Farm portfolio models. 6.2. Minimize total absolute deviation. 6.3. Focus-loss. 6.4. Target MOTAD. 6.5. Direct utility maximization. 6.6. Discrete sequential stochastic programming. 6.7. Chance-constrained programming. 6.8. Interpreting shadow values from risk programming models. 6.9. Summary -- 7. Risk efficiency approaches - stochastic dominance. 7.1. Stochastic dominance. 7.2. Applications of stochastic dominance. 7.3. Summary -- 8. Dynamic decision rules and the value of information. 8.1. Decision making and Bayesian probabilities. 8.2. Concepts of information. 8.3. A model of information. 8.4. Summary -- 9. Market models of decision making under risk. 9.1. Risk equilibrium from the consumer's point of view. 9.2. The role of the riskless asset. 9.3. Risk equilibrium from the firm's perspective. 9.4. Arbitrage pricing theorem. 9.5. Empirical applications of capital market models. 9.6. Summary -- 10. Option pricing approaches to risk. 10.1. Introductions to options and futures. 10.2. Real option valuation. 10.3. Crop insurance. 10.4. Summary -- 11. State contingent production model : the stochastic production set. 11.1. Depicting risk and input decisions in the production function. 11.2. State Production set and input requirement set. 11.3. Distance functions and risk aversion. 11.4. Summary -- 12. Risk, uncertainty, and the agricultural firm - a summary and outlook

Risk and Uncertainty in Agricultural Development

Risk and Uncertainty in Agricultural Development PDF Author: James A. Roumasset
Publisher:
ISBN:
Category : Agricultural industries
Languages : en
Pages : 11

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Book Description


Risk, Uncertainty and Agricultural Development Conf 1976 Papers from Conf Sports by RTN & CIMMYT

Risk, Uncertainty and Agricultural Development Conf 1976 Papers from Conf Sports by RTN & CIMMYT PDF Author: James A. Roumasset
Publisher:
ISBN:
Category :
Languages : en
Pages :

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Book Description


Risk and Uncertainty in Agricultural Development

Risk and Uncertainty in Agricultural Development PDF Author: Hans P. Binswanger-Mkhize
Publisher:
ISBN:
Category : Agriculture
Languages : en
Pages : 25

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Book Description


Risk, Uncertainty, and the Subsistence Farmer

Risk, Uncertainty, and the Subsistence Farmer PDF Author: Clifton R. Wharton
Publisher:
ISBN:
Category : Agriculture
Languages : en
Pages : 61

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Book Description


The Economics of Risk

The Economics of Risk PDF Author: Donald J. Meyer
Publisher: W.E. Upjohn Institute
ISBN: 0880992689
Category : Business & Economics
Languages : en
Pages : 192

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Book Description
Annotation This book contains a collection of papers that address various aspects of risk, including riskmanagement and how it is applied to decisionmaking and the impact of risk on markets

Managing Risk in Agriculture A Holistic Approach

Managing Risk in Agriculture A Holistic Approach PDF Author: OECD
Publisher: OECD Publishing
ISBN: 9264075313
Category :
Languages : en
Pages : 172

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Book Description
This book examines the current magnitude and characteristics of risk-related policies in agriculture and what is known about the quantitative size of agricultural risks. It also looks at the on-farm, off-farm, and market instruments available to manage risk.

Agricultural Development Council Sponsored Conference on "Risk and Uncertainty in Agricultural Development", and Its Relevance to the Congressional Mandate

Agricultural Development Council Sponsored Conference on Author: John R. Eriksson
Publisher:
ISBN:
Category :
Languages : en
Pages : 18

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Book Description


Managing Risk in Agriculture

Managing Risk in Agriculture PDF Author: Ashok K. Mishra
Publisher: CABI
ISBN: 1800622260
Category : Business & Economics
Languages : en
Pages : 339

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Book Description
The book addresses and documents farmers' risks in developing and emerging economies. It draws lessons from experimental economics on measuring risk preferences, attitudes, gender differences in managing risks, and risk management strategies in countries across Africa and Asia. It argues policy makers, especially in emerging economies, need a better understanding of farmers' attitudes toward risk and choices of risk management strategies when designing policies to support production agriculture. The book includes chapters on three themes: understanding risk attitudes and preferences; using experimental economics to measure risk, preferences, and risk management strategies; and understanding climate change, risk, and risk management. The book critically examines the currently held beliefs about risk preference, attitudes, and empirical estimation of risk management strategies, emphasizing developing and emerging economies (DEE). This book is ideal for students and researchers in universities and research organizations who conduct applied research on public policy, community development, and rural development, and will also be of interest to policy-makers in those fields.