An Investigation Of The Relationship Between Constraint Omission And Risk Aversion In Firm Risk Programmng Models
Author
Abstract
Suggested Citation
DOI: 10.22004/ag.econ.29787
Download full text from publisher
Other versions of this item:
- Musser, Wesley N. & McCarl, Bruce A. & Smith, G. Scott, 1986. "An Investigation of the Relationship Between Constraint Omission and Risk Aversion in Firm Risk Programming Models," Journal of Agricultural and Applied Economics, Cambridge University Press, vol. 18(2), pages 147-154, December.
References listed on IDEAS
- John M. Antle, 1983. "Incorporating Risk in Production Analysis," American Journal of Agricultural Economics, Agricultural and Applied Economics Association, vol. 65(5), pages 1099-1106.
- Lars Brink & Bruce McCarl, 1978. "The Tradeoff between Expected Return and Risk Among Cornbelt Farmers," American Journal of Agricultural Economics, Agricultural and Applied Economics Association, vol. 60(2), pages 259-263.
- R. S. Gray & W. H. Furtan, 1983. "Risk Analysis in the Theory of the Firm: An Old Problem Revisited," Canadian Journal of Agricultural Economics/Revue canadienne d'agroeconomie, Canadian Agricultural Economics Society/Societe canadienne d'agroeconomie, vol. 31(1), pages 27-44, March.
- Adams, Richard M. & Menkhaus, Dale J. & Woolery, Bruce A., 1980. "Alternative Parameter Specification In E, V Analysis: Implications For Farm Level Decision Making," Western Journal of Agricultural Economics, Western Agricultural Economics Association, vol. 5(1), pages 1-8, July.
- Antle, John M., 1983. "Incorporating Risk In Production Analysis," 1983 Annual Meeting, July 31-August 3, West Lafayette, Indiana 279106, American Agricultural Economics Association (New Name 2008: Agricultural and Applied Economics Association).
- William Lin & G. W. Dean & C. V. Moore, 1974. "An Empirical Test of Utility vs. Profit Maximization in Agricultural Production," American Journal of Agricultural Economics, Agricultural and Applied Economics Association, vol. 56(3), pages 497-508.
- Rulon D. Pope, 1981. "Supply Response and the Dispersion of Price Expectations," American Journal of Agricultural Economics, Agricultural and Applied Economics Association, vol. 63(1), pages 161-163.
Citations
Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
Cited by:
- Boggess, William G., 1987. "On Risk Modeling And Its Implications For Economic Analysis: A Discussion," Regional Research Projects > 1987: S-180 Annual Meeting, March 22-25, 1987, San Antonio, Texas 272334, Regional Research Projects > S-180: An Economic Analysis of Risk Management Strategies for Agricultural Production Firms.
- Gomez-Limon, Jose A. & Arriaza, Manuel & Riesgo, Laura, 2003. "An MCDM analysis of agricultural risk aversion," European Journal of Operational Research, Elsevier, vol. 151(3), pages 569-585, December.
- Wetzstein, Michael E. & Musser, Wesley N. & McClendon, Ronald W. & Edwards, David M., 1990.
"A Case Study of Timeliness in the Selection of Risk-Efficient Machinery Complements,"
Journal of Agricultural and Applied Economics, Cambridge University Press, vol. 22(2), pages 165-177, December.
- Wetzstein, Michael E. & Musser, Wesley N. & McClendon, Ronald W. & Edwards, David M., 1990. "A Case Study Of Timeliness In The Selection Of Risk-Efficient Machinery Complements," Southern Journal of Agricultural Economics, Southern Agricultural Economics Association, vol. 22(2), pages 1-13, December.
- Pannell, David J. & Malcolm, Bill & Kingwell, Ross S., 2000. "Are we risking too much? Perspectives on risk in farm modelling," Agricultural Economics, Blackwell, vol. 23(1), pages 69-78, June.
Most related items
These are the items that most often cite the same works as this one and are cited by the same works as this one.- Schoney, R. A., 1990. "An Analysis of Wheat Supply Response Under Risk and Uncertainty," Working Papers 244030, Agriculture and Agri-Food Canada.
- Wall, Charles A. & Fisher, Brian S., 1988. "Supply Response and the Theory of Production and Profit Functions," Review of Marketing and Agricultural Economics, Australian Agricultural and Resource Economics Society, vol. 56(03), pages 1-22, December.
- Kehkha, Ahmad Ali & Mohammadi, Gholamreza Soltani & Villano, Renato A., 2005. "Agricultural Risk Analysis in the Fars Province of Iran: A Risk-Programming Approach," Working Papers 12897, University of New England, School of Economics.
- McCarl, Bruce A., 1986. "Innovations In Programming Techniques For Risk Analysis," Regional Research Projects > 1986: S-180 Annual Meeting, March 23-26, 1986, Tampa, Florida 271825, Regional Research Projects > S-180: An Economic Analysis of Risk Management Strategies for Agricultural Production Firms.
- Pannell, David J. & Malcolm, Bill & Kingwell, Ross S., 2000. "Are we risking too much? Perspectives on risk in farm modelling," Agricultural Economics, Blackwell, vol. 23(1), pages 69-78, June.
- McCarl, Bruce A., 1988. "Risk, Market Failure And Agricultural Policy: A Discussion," Regional Research Projects > 1988: S-180 Annual Meeting, March 20-23, 1988, Savannah, Georgia 272778, Regional Research Projects > S-180: An Economic Analysis of Risk Management Strategies for Agricultural Production Firms.
- David J. Pannell, 1991.
"Pests and pesticides, risk and risk aversion,"
Agricultural Economics, International Association of Agricultural Economists, vol. 5(4), pages 361-383, August.
- J. Pannell, David, 1991. "Pests and pesticides, risk and risk aversion," Agricultural Economics, Blackwell, vol. 5(4), pages 361-383, August.
- Pannell, David J, 1989. "Pests and Pesticides, Risk and Risk Aversion," Discussion Papers 232312, University of Western Australia, School of Agricultural and Resource Economics.
- Rasmussen, Svend, 2003.
"Criteria for optimal production under uncertainty. The state-contingent approach,"
Australian Journal of Agricultural and Resource Economics, Australian Agricultural and Resource Economics Society, vol. 47(4), pages 1-30.
- Svend Rasmussen, 2003. "Criteria for optimal production under uncertainty. The state‐contingent approach," Australian Journal of Agricultural and Resource Economics, Australian Agricultural and Resource Economics Society, vol. 47(4), pages 447-476, December.
- Mitchell, Paul David, 1999. "The theory and practice of green insurance: insurance to encourage the adoption of corn rootworm IPM," ISU General Staff Papers 1999010108000013154, Iowa State University, Department of Economics.
- Shumway, C. Richard, 1993.
"Production economics: Worthwhile investment?,"
Agricultural Economics, Blackwell, vol. 9(2), pages 89-108, August.
- C. Richard Shumway, 1993. "Production economics: Worthwhile investment?," Agricultural Economics, International Association of Agricultural Economists, vol. 9(2), pages 89-108, August.
- Shumway, C. Richard, 1991. "Production Economics: Worthwhile Investment?," Faculty Paper Series 257884, Texas A&M University, Department of Agricultural Economics.
- Babcock, Bruce A. & Shogren, Jason F., 1995.
"The cost of agricultural production risk,"
Agricultural Economics, Blackwell, vol. 12(2), pages 141-150, August.
- Bruce A. Babcock & Jason F. Shogren, 1995. "The cost of agricultural production risk," Agricultural Economics, International Association of Agricultural Economists, vol. 12(2), pages 141-150, April.
- Babcock, Bruce A. & Shogren, Jason F., 1995. "Cost of Agricultural Production Risk (The)," Staff General Research Papers Archive 5014, Iowa State University, Department of Economics.
- Marie Lassalas & Sabine Duvaleix & Laure Latruffe, 2024. "The technical and economic effects of biodiversity standards on wheat production," European Review of Agricultural Economics, Oxford University Press and the European Agricultural and Applied Economics Publications Foundation, vol. 51(2), pages 275-308.
- McCarl, Bruce A. & Musser, Wesley N., 1985. "Modeling Long Run Risk In Production And Investment Decisions," Regional Research Projects > 1985: S-180 Annual Meeting, March 24-27, 1985, Charleston, South Carolina 271799, Regional Research Projects > S-180: An Economic Analysis of Risk Management Strategies for Agricultural Production Firms.
- D. J. Pannell, 1990.
"Responses To Risk In Weed Control Decisions Under Expected Profit Maximisation,"
Journal of Agricultural Economics, Wiley Blackwell, vol. 41(3), pages 391-401, September.
- Pannell, David J, 1989. "Responses to Risk in Weed Control Decisions Under Expected Profit Maximisation," Discussion Papers 232316, University of Western Australia, School of Agricultural and Resource Economics.
- Marra, Michele C. & Carlson, Gerald A., 1985. "Models Of Technology Adoption Under Risk: Some Preliminary Results," Regional Research Projects > 1985: S-180 Annual Meeting, March 24-27, 1985, Charleston, South Carolina 271808, Regional Research Projects > S-180: An Economic Analysis of Risk Management Strategies for Agricultural Production Firms.
- Radha R. Ashrit, 2023. "Estimation of technical efficiency of Indian farms for major crops during 2013–2014 and 2017–2018: a stochastic Frontier production approach," SN Business & Economics, Springer, vol. 3(2), pages 1-32, February.
- Jean‐Paul Chavas & Giorgia Rivieccio & Salvatore Di Falco & Giovanni De Luca & Fabian Capitanio, 2022. "Agricultural diversification, productivity, and food security across time and space," Agricultural Economics, International Association of Agricultural Economists, vol. 53(S1), pages 41-58, November.
- Adams, Richard M. & Menkhaus, Dale J. & Woolery, Bruce A., 1980. "Alternative Parameter Specification In E, V Analysis: Implications For Farm Level Decision Making," Western Journal of Agricultural Economics, Western Agricultural Economics Association, vol. 5(1), pages 1-8, July.
- Stefan Baumgärtner & Martin F. Quaas, 2010.
"Managing increasing environmental risks through agrobiodiversity and agrienvironmental policies,"
Agricultural Economics, International Association of Agricultural Economists, vol. 41(5), pages 483-496, September.
- Stefan Baumgärtner & Martin F. Quaas, 2008. "Managing increasing environmental risks through agro-biodiversity and agri-environmental policies," Working Paper Series in Economics 80, University of Lüneburg, Institute of Economics.
- Behrendt, Karl & Cacho, Oscar & Scott, James M. & Jones, Randall, 2016. "Using seasonal stochastic dynamic programming to identify optimal management decisions that achieve maximum economic sustainable yields from grasslands under climate risk," Agricultural Systems, Elsevier, vol. 145(C), pages 13-23.
Corrections
All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:ags:sojoae:29787. See general information about how to correct material in RePEc.
If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.
If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .
If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: AgEcon Search (email available below). General contact details of provider: https://edirc.repec.org/data/saeaaea.html .
Please note that corrections may take a couple of weeks to filter through the various RePEc services.