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Modeling Long Run Risk In Production And Investment Decisions

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  • McCarl, Bruce A.
  • Musser, Wesley N.

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  • 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.
    • Handle: RePEc:ags:rrsr85:271799
    DOI: 10.22004/ag.econ.271799
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    References listed on IDEAS

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    1. Lins, David A. & Gabriel, Stephen C. & Sonka, Steven T., 1981. "An Analysis Of The Risk Aversion Of Farm Operators: An Asset Portfolio Approach," Western Journal of Agricultural Economics, Western Agricultural Economics Association, vol. 6(01), pages 1-16, July.
    2. Allan N. Rae, 1971. "Stochastic Programming, Utility, and Sequential Decision Problems in Farm Management," American Journal of Agricultural Economics, Agricultural and Applied Economics Association, vol. 53(3), pages 448-460.
    3. 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.
    4. Pill, Juri, 1971. "The Delphi method: Substance, context, a critique and an annotated bibliography," Socio-Economic Planning Sciences, Elsevier, vol. 5(1), pages 57-71, February.
    5. Peter J. Barry & David R. Willmann, 1976. "A Risk-Programming Analysis of Forward Contracting with Credit Constraints," American Journal of Agricultural Economics, Agricultural and Applied Economics Association, vol. 58(1), pages 62-70.
    6. Boggess, W. G & Amerling, C. B., 1983. "A Bioeconomic Simulation Analysis of Irrigation Investments," Journal of Agricultural and Applied Economics, Cambridge University Press, vol. 15(2), pages 85-91, December.
    7. repec:ags:agsaem:288652 is not listed on IDEAS
    8. 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.
    9. Peter J. Barry & C. B. Baker, 1971. "Reservation Prices on Credit Use: A Measure of Response to Uncertainty," American Journal of Agricultural Economics, Agricultural and Applied Economics Association, vol. 53(2), pages 222-227.
    10. Boggess, William G., 1984. "Risk Aspects of Irrigation Decisions," Regional Research Projects >1984: S-180 Annual Meeting, March 25-28, 1984, New Orleans, Louisiana 307237, Regional Research Projects > S-180: An Economic Analysis of Risk Management Strategies for Agricultural Production Firms.
    11. Boggess, William G. & Amerling, C.B., 1983. "A Bioeconomic Simulation Analysis Of Irrigation Investments," Southern Journal of Agricultural Economics, Southern Agricultural Economics Association, vol. 15(2), pages 1-7, December.
    12. Thomas B. Wiens, 1976. "Peasant Risk Aversion and Allocative Behavior: A Quadratic Programming Experiment," American Journal of Agricultural Economics, Agricultural and Applied Economics Association, vol. 58(4_Part_1), pages 629-635.
    13. Richard E. Just & Rulon D. Pope, 1979. "Production Function Estimation and Related Risk Considerations," American Journal of Agricultural Economics, Agricultural and Applied Economics Association, vol. 61(2), pages 276-284.
    14. K. D. Cocks, 1968. "Discrete Stochastic Programming," Management Science, INFORMS, vol. 15(1), pages 72-79, September.
    15. Peter B. R. Hazell, 1984. "Sources of Increased Instability in Indian and U.S. Cereal Production," American Journal of Agricultural Economics, Agricultural and Applied Economics Association, vol. 66(3), pages 302-311.
    16. Irwin, George D., 1968. "A Comparative Review of Some Firm Growth Models," Journal of Agricultural Economics Research, United States Department of Agriculture, Economic Research Service, vol. 20(3), pages 1-20, July.
    17. Abdulla B. Danok & Bruce A. McCarl & T. Kelley White, 1980. "Machinery Selection Modeling: Incorporation of Weather Variability," American Journal of Agricultural Economics, Agricultural and Applied Economics Association, vol. 62(4), pages 700-708.
    18. 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.
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    Citations

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    Cited by:

    1. Musser, Wesley, 1986. "Capital Budgeting Analysis Of Uncertainty In Irrigation Investments," Regional Research Projects > 1986: S-180 Annual Meeting, March 23-26, 1986, Tampa, Florida 272003, Regional Research Projects > S-180: An Economic Analysis of Risk Management Strategies for Agricultural Production Firms.
    2. repec:ags:rrsr94:307862 is not listed on IDEAS
    3. Haile, B.O. & Grove, Bennie & Oosthuizen, L.K., 2005. "Impact of capital on the growth process of a sugarcane farm in Mpumalanga," Agrekon, Agricultural Economics Association of South Africa (AEASA), vol. 44(4), pages 1-13, December.
    4. Eidman, Vernon R., 1988. "The Research Implications Of The Strategic Management Literature," Regional Research Projects > 1988: S-180 Annual Meeting, March 20-23, 1988, Savannah, Georgia 272842, Regional Research Projects > S-180: An Economic Analysis of Risk Management Strategies for Agricultural Production Firms.
    5. Fleisher, Beverly, 1986. "Agricultural Policy And Risk: Current Programs And Future Considerations," Regional Research Projects > 1986: S-180 Annual Meeting, March 23-26, 1986, Tampa, Florida 272006, Regional Research Projects > S-180: An Economic Analysis of Risk Management Strategies for Agricultural Production Firms.
    6. Batte, Marvin T., 1986. "Capital Budgeting Analysis Of Uncertainty In Irrigation Investments: Discussion," Regional Research Projects > 1986: S-180 Annual Meeting, March 23-26, 1986, Tampa, Florida 272004, Regional Research Projects > S-180: An Economic Analysis of Risk Management Strategies for Agricultural Production Firms.

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