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A Note On Alterntive Market And Governmental Risk Transference Mechanisms

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  • Fackler, Paul L.

Abstract

The major mechanisms for the transference of price and output risk by crop producers are examined. These include the use of futures and options contracts, government price-support and deficiency-payments programs, and crop insurance. Iso-revenue curves are used to highlight the distinctions between these alternatives.

Suggested Citation

  • Fackler, Paul L., 1989. "A Note On Alterntive Market And Governmental Risk Transference Mechanisms," Southern Journal of Agricultural Economics, Southern Agricultural Economics Association, vol. 21(2), pages 1-7, December.
    • Handle: RePEc:ags:sojoae:30107
    DOI: 10.22004/ag.econ.30107
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    References listed on IDEAS

    as
    1. Bruce L. Gardner, 1977. "Commodity Options for Agriculture," American Journal of Agricultural Economics, Agricultural and Applied Economics Association, vol. 59(5), pages 986-992.
    2. Marcus, Alan J. & Modest, David M., 1986. "The Valuation of a Random Number of Put Options: An Application to Agricultural Price Supports," Journal of Financial and Quantitative Analysis, Cambridge University Press, vol. 21(1), pages 73-86, March.
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