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Optimal Crop Insurance Options For Alabama Cotton-Peanut Producers: A Target-Motad Analysis

Author

Listed:
  • Irimia-Vladu, Marina
  • Novak, James L.
  • Duffy, Patricia A.

Abstract

Target-MOTAD was used to determine the optimal crop insurance options for two representative cotton and peanut farms in southern Alabama. Results showed that, for one of the farms, no crop insurance option was risk reducing given the yield history. For the other farm, risk reduction involved shifting to higher levels of insurance coverage.

Suggested Citation

  • Irimia-Vladu, Marina & Novak, James L. & Duffy, Patricia A., 2004. "Optimal Crop Insurance Options For Alabama Cotton-Peanut Producers: A Target-Motad Analysis," 2004 Annual Meeting, February 14-18, 2004, Tulsa, Oklahoma 34754, Southern Agricultural Economics Association.
    • Handle: RePEc:ags:saeaft:34754
    DOI: 10.22004/ag.econ.34754
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    Cited by:

    1. Kalashami, Mohammad Kavoosi & Sabbagi, Mohammad Aghapour & Alipour, Hamid Reza, 2011. "Using Probabilistic-Risky Programming Models in Identifying Optimized Pattern of Cultivation under Risk Conditions (Case Study: Shoshtar Region)," International Journal of Agricultural Management and Development (IJAMAD), Iranian Association of Agricultural Economics, vol. 1(1), pages 1-9, March.

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    Keywords

    Risk and Uncertainty;

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