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Risk-Return Assessment Of Irrigation Decisions In Humid Regions: An Extension

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  • Tew, Bernard V.
  • Boggess, William G.

Abstract

The risk effects of irrigation scheduling in a sub-humid climate have been well documented recently using approximations of the variance of net returns. A method to determine the exact variance of net returns assuming only multivariant normality is presented. The approximation technique in contrast to the method presented in this research was shown to have a non-uniform effect on the variance of net returns of each schedule.

Suggested Citation

  • Tew, Bernard V. & Boggess, William G., 1984. "Risk-Return Assessment Of Irrigation Decisions In Humid Regions: An Extension," Southern Journal of Agricultural Economics, Southern Agricultural Economics Association, vol. 16(2), pages 1-2, December.
    • Handle: RePEc:ags:sojoae:29738
    DOI: 10.22004/ag.econ.29738
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    References listed on IDEAS

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    1. Oscar R. Burt & Robert M. Finley, 1968. "Statistical Analysis of Identities in Random Variables," American Journal of Agricultural Economics, Agricultural and Applied Economics Association, vol. 50(3), pages 734-744.
    2. repec:ags:agsaem:288652 is not listed on IDEAS
    3. Anderson, Jock R. & Feder, Gershon, 2007. "Agricultural Extension," Handbook of Agricultural Economics, in: Robert Evenson & Prabhu Pingali (ed.), Handbook of Agricultural Economics, edition 1, volume 3, chapter 44, pages 2343-2378, Elsevier.
    4. Anderson, Jock R. & Dillon, John L. & Hardaker, Brian, 1977. "Agricultural Decision Analysis," Monographs: Applied Economics, AgEcon Search, number 288652.
    5. Musser, Wesley N. & Tew, Bernard V., 1984. "Use Of Biophysical Simulation In Production Economics," Southern Journal of Agricultural Economics, Southern Agricultural Economics Association, vol. 16(01), pages 1-10, July.
    6. Boggess, William G. & Lynne, Gary D. & Jones, James W. & Swaney, D.P., 1983. "Risk-Return Assessment Of Irrigation Decisions In Humid Regions," Southern Journal of Agricultural Economics, Southern Agricultural Economics Association, vol. 15(01), pages 1-9, July.
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    1. Tew, Bernard V. & Musser, Wesley N. & Smith, G. Scott, 1988. "Using Non-Contemporaneous Data To Specify Risk Programming Models," Northeastern Journal of Agricultural and Resource Economics, Northeastern Agricultural and Resource Economics Association, vol. 17(01), pages 1-6, April.
    2. Lee, John G. & Lacewell, Ronald D., 1989. "Perversion of Risk Aversion: An Application to Farm Planning and Intertemporal Resource Allocation," WAEA/ WFEA Conference Archive (1929-1995) 244977, Western Agricultural Economics Association.
    3. Perry, Gregory M., 1986. "Managing Risk By Coordinating Investment, Marketing, And Production Strategies: Comment," Western Journal of Agricultural Economics, Western Agricultural Economics Association, vol. 11(2), pages 1-3, December.
    4. Perry, Gregory M. & Rister, M. Edward & Richardson, James W. & Bessler, David A., 1989. "Incorporating Government Program Provisions into a Mean-Variance Framework," Journal of Agricultural and Applied Economics, Cambridge University Press, vol. 21(2), pages 95-105, December.

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