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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," Journal of Agricultural and Applied Economics, Cambridge University Press, vol. 16(2), pages 159-160, December.
    • Handle: RePEc:cup:jagaec:v:16:y:1984:i:02:p:159-160_01
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    Cited by:

    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(1), 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," Southern Journal of Agricultural Economics, Southern Agricultural Economics Association, vol. 21(2), pages 1-11, December.

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