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Option Approach to Search for Threshold Rice Price Toward Sustainable Paddy Field Management

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  • Atsushi Yoshimoto

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  • Atsushi Yoshimoto, 2005. "Option Approach to Search for Threshold Rice Price Toward Sustainable Paddy Field Management," Asia-Pacific Financial Markets, Springer;Japanese Association of Financial Economics and Engineering, vol. 12(2), pages 181-198, June.
    • Handle: RePEc:kap:apfinm:v:12:y:2005:i:2:p:181-198
    DOI: 10.1007/s10690-006-9018-5
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    References listed on IDEAS

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    1. Clarke, Harry R. & Reed, William J., 1989. "The tree-cutting problem in a stochastic environment : The case of age-dependent growth," Journal of Economic Dynamics and Control, Elsevier, vol. 13(4), pages 569-595, October.
    2. Bailey, Warren, 1991. "Valuing agricultural firms : An examination of the contingent-claims approach to pricing real assets," Journal of Economic Dynamics and Control, Elsevier, vol. 15(4), pages 771-791, October.
    3. Brennan, Michael J & Schwartz, Eduardo S, 1985. "Evaluating Natural Resource Investments," The Journal of Business, University of Chicago Press, vol. 58(2), pages 135-157, April.
    4. Harry R Clarke & William J Reed, 1989. "Land Development and Wilderness Conservation Policies Under Uncertainty: A Synthesis," Working Papers 1989.02 EDIRC Provider-In, School of Economics, La Trobe University.
    5. Mishima, Tokuzo, 1992. "Changes of the rice distribution and the functions of the food control system in Japan," Agricultural Economics, Blackwell, vol. 7(1), pages 39-54, June.
    6. Pindyck, Robert S, 1988. "Irreversible Investment, Capacity Choice, and the Value of the Firm," American Economic Review, American Economic Association, vol. 78(5), pages 969-985, December.
    7. Robert S. Pindyck, 1984. "Uncertainty in the Theory of Renewable Resource Markets," The Review of Economic Studies, Review of Economic Studies Ltd, vol. 51(2), pages 289-303.
    8. Yoshimoto, Atsushi & Shoji, Isao, 1998. "Searching for an optimal rotation age for forest stand management under stochastic log prices," European Journal of Operational Research, Elsevier, vol. 105(1), pages 100-112, February.
    9. Robert McDonald & Daniel Siegel, 1986. "The Value of Waiting to Invest," The Quarterly Journal of Economics, President and Fellows of Harvard College, vol. 101(4), pages 707-727.
    10. Larson, Bruce A., 1992. "Principles of stochastic dynamic optimization in resource management: the continuous-time case," Agricultural Economics, Blackwell, vol. 7(2), pages 91-107, July.
    11. Tokuzo Mishima, 1992. "Changes of the rice distribution and the functions of the food control system in Japan," Agricultural Economics, International Association of Agricultural Economists, vol. 7(1), pages 39-54, June.
    12. Thomas A. Thomson, 1992. "Optimal Forest Rotation When Stumpage Prices Follow a Diffusion Process," Land Economics, University of Wisconsin Press, vol. 68(3), pages 329-342.
    13. Pindyck, Robert S, 1980. "Uncertainty and Exhaustible Resource Markets," Journal of Political Economy, University of Chicago Press, vol. 88(6), pages 1203-1225, December.
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