Real Options Analysis For Investment In Organic Wheat And Barley Production In South Central North Dakota Using Precision Agriculture Technology
AbstractReal options theory is employed to measure the value of investing in organic wheat production using precision agriculture technology. Results reveal that an option to wait until market uncertainty is resolved is valuable. Information obtained via precision agriculture technology is also valuable to producers seeking organic certification.
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Bibliographic InfoPaper provided by American Agricultural Economics Association (New Name 2008: Agricultural and Applied Economics Association) in its series 2004 Annual meeting, August 1-4, Denver, CO with number 20346.
Date of creation: 2004
Date of revision:
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organic wheat production; real options theory; precision agriculture technology; Crop Production/Industries; Research and Development/Tech Change/Emerging Technologies;
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- Richards, Timothy J. & Acharya, Ram N. & Molina, Ignacio, 2009. "Retail and Wholesale Market Power in Organic Foods," 2009 Annual Meeting, July 26-28, 2009, Milwaukee, Wisconsin 49329, Agricultural and Applied Economics Association.
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