Optimal Sequential Plantings of Corn and Soybeans Under Price Uncertainty
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- Michael Livingston & Michael J. Roberts & Yue Zhang, 2015. "Optimal Sequential Plantings of Corn and Soybeans Under Price Uncertainty," American Journal of Agricultural Economics, Agricultural and Applied Economics Association, vol. 97(3), pages 855-878.
References listed on IDEAS
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More about this item
Keywords
crop rotations; uncertainty; option value; supply response; dynamic programming.;All these keywords.
JEL classification:
- Q11 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Agriculture - - - Aggregate Supply and Demand Analysis; Prices
- Q12 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Agriculture - - - Micro Analysis of Farm Firms, Farm Households, and Farm Input Markets
NEP fields
This paper has been announced in the following NEP Reports:- NEP-AGR-2014-05-04 (Agricultural Economics)
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