Download or read book Risk Uncertainty and the Subsistence Farmer written by Clifton R. Wharton and published by . This book was released on 1971 with total page 28 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book A Review of Risk and Uncertainty in Subsistence Agriculture written by Nicholas Keith Maddock and published by . This book was released on 1979 with total page 170 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book Risk Uncertainty and the Agricultural Firm written by Charles Britt Moss and published by World Scientific. This book was released on 2010 with total page 307 pages. Available in PDF, EPUB and Kindle. Book excerpt: This text is the first major survey of risk analysis from the perspective of the agricultural firms since Agricultural Decision Analysis by Anderson, Dillon, and Hardaker published in 1977. In addition to updating the traditional material from that text, this book includes the statistical foundations of decision making under risk and uncertainty. Adding to the material covered in Anderson, Dillon, and Hardaker, the text includes material on dynamic decision rules, the arbitrage pricing model, real options theory, and state-contingent production relationships. Risk, Uncertainty, and the Agricultural Firm provides a unique discussion of each application ? developing the theoretical basis for each model and presenting an empirical roadmap (or the ?nuts and bolts?) of each model to facilitate the empirical application of each technique.

Download or read book The Economics of Risk written by Donald J. Meyer and published by W.E. Upjohn Institute. This book was released on 2003 with total page 192 pages. Available in PDF, EPUB and Kindle. Book excerpt: Annotation This book contains a collection of papers that address various aspects of risk, including riskmanagement and how it is applied to decisionmaking and the impact of risk on markets

Download or read book Risk Uncertainty and Agricultural Development written by James A. Roumasset and published by . This book was released on 1979 with total page 482 pages. Available in PDF, EPUB and Kindle. Book excerpt: Conference report on decision making theory in agricultural development under conditions of risk and uncertainty - covers statistical methodology, modeling and risk measurement; includes case study of peasant agriculture and risk preferences in North-East Brazil; outlines directions for new research. Graphs, references, statistical tables. Conference held in El Batan 1976 Mar 2 to 12.

Download or read book Risk Uncertainty and Profit written by Frank H. Knight and published by Cosimo, Inc.. This book was released on 2006-11-01 with total page 401 pages. Available in PDF, EPUB and Kindle. Book excerpt: A timeless classic of economic theory that remains fascinating and pertinent today, this is Frank Knight's famous explanation of why perfect competition cannot eliminate profits, the important differences between "risk" and "uncertainty," and the vital role of the entrepreneur in profitmaking. Based on Knight's PhD dissertation, this 1921 work, balancing theory with fact to come to stunning insights, is a distinct pleasure to read. FRANK H. KNIGHT (1885-1972) is considered by some the greatest American scholar of economics of the 20th century. An economics professor at the University of Chicago from 1927 until 1955, he was one of the founders of the Chicago school of economics, which influenced Milton Friedman and George Stigler.

Download or read book Risk And Uncertainty In Tribal And Peasant Economies written by Elizabeth Cashdan and published by Westview Press. This book was released on 1990 with total page 390 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book Uncertainty as a Factor in Production written by Edward Alsworth Ross and published by . This book was released on 1896 with total page 40 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book Dealing with Risk and Uncertainty in Farming written by John Holt and published by . This book was released on 1979 with total page 22 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book Uncertainty and the Farmer written by University of Bristol. Department of Economics (Agricultural Economics) and published by . This book was released on 1961 with total page 40 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book Managing Risk in Farming written by David Kahan and published by Food & Agriculture Organization of the UN (FAO). This book was released on 2013 with total page 124 pages. Available in PDF, EPUB and Kindle. Book excerpt: This guide is intended to help extension workers better understand the concept of risk, the situation where risk occurs and management strategies that can be used to reduce, or at least soften, its effect. It is hoped that the guide will be useful in assisting extension workers to provide farmers with advice on the kind of risk management strategies that they can employ to deal with risk in their day-to-day operations. In this way extension workers can help farmers recognize and understand the risks that they are likely to face and assist them in making better farm management decisions that reduce the negative effect of the risks encountered in farming.

Download or read book Coping with Risk in Agriculture written by J. B. Hardaker and published by Oxford University Press, USA. This book was released on 1997 with total page 292 pages. Available in PDF, EPUB and Kindle. Book excerpt: Risk and uncertainty are inescapable factors in agriculture. Farmers face production risk, from the weather, crop and livestock performance, and pests and diseases, as well as government-controlled institutional risk, and personal or human risk. Together with price or market risks, these constitute business risk which is further related to financial risk. All of these factors must be managed to achieve satisfactory management in agriculture. The aim of this book is to introduce the nature of agricultural decision making under uncertainty, the concept of rational choice and its foundations in theories of probability and risk preference. It also describes methods for the analysis of risky decisions that can be used in agriculture and the preparation of plans for risk management.

Download or read book Risk Uncertainty and the Unstability of Incomes in Agriculture written by J. A. Langley and published by . This book was released on 1966 with total page 27 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book Farming in a Period of Risk and Uncertainty written by Purdue University. Department of Agricultural Economics and published by . This book was released on 1975 with total page 87 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book The Biodemography of Subsistence Farming written by James W. Wood and published by Cambridge University Press. This book was released on 2020-04-23 with total page 519 pages. Available in PDF, EPUB and Kindle. Book excerpt: An exploration of preindustrial agriculture that applies insights from biodemography, physiological ecology, and household demography.

Download or read book Risk Uncertainty and the Agricultural Firm written by Charles Britt Moss and published by World Scientific. This book was released on 2010 with total page 307 pages. Available in PDF, EPUB and Kindle. Book excerpt: 1. Introduction. 1.1. Formulating the risk problem. 1.2. Decision criteria. 1.3. Decision making under risk : fact and fiction -- 2. Probability theory - a mathematical basis for making decisions under risk and uncertainty. 2.1. Set theory and probability. 2.2. Random variables. 2.3. Conditional probability and independence. 2.4. Some useful distribution functions. 2.5. Expected value, moments, and the moment generating function. 2.6. Estimating probability functions. 2.7. Martingales and random walks. 2.8. Summary -- 3. Expected utility - the economic basis of decision making under risk. 3.1. Consumption and utility. 3.2. Expected utility. 3.3. Expected value - variance and expected utility models. 3.4. Problems with expected utility. 3.5. Summary -- 4. Risk aversion in the large and small. 4.1. Arrow-Pratt risk aversion coefficient. 4.2. Eliciting risk aversion coefficients. 4.3 Summary -- 5. Portfolio theory and decision making under risk. 5.1. The expected value - variance frontier. 5.2. A simple portfolio. 5.3. A graphical depiction of the expected value-variance frontier. 5.4. Mean-variance versus direct utility maximization. 5.5. Derivation of the expected value-variance frontier. 5.6. Summary -- 6. Whole farm-planning models. 6.1. Farm portfolio models. 6.2. Minimize total absolute deviation. 6.3. Focus-loss. 6.4. Target MOTAD. 6.5. Direct utility maximization. 6.6. Discrete sequential stochastic programming. 6.7. Chance-constrained programming. 6.8. Interpreting shadow values from risk programming models. 6.9. Summary -- 7. Risk efficiency approaches - stochastic dominance. 7.1. Stochastic dominance. 7.2. Applications of stochastic dominance. 7.3. Summary -- 8. Dynamic decision rules and the value of information. 8.1. Decision making and Bayesian probabilities. 8.2. Concepts of information. 8.3. A model of information. 8.4. Summary -- 9. Market models of decision making under risk. 9.1. Risk equilibrium from the consumer's point of view. 9.2. The role of the riskless asset. 9.3. Risk equilibrium from the firm's perspective. 9.4. Arbitrage pricing theorem. 9.5. Empirical applications of capital market models. 9.6. Summary -- 10. Option pricing approaches to risk. 10.1. Introductions to options and futures. 10.2. Real option valuation. 10.3. Crop insurance. 10.4. Summary -- 11. State contingent production model : the stochastic production set. 11.1. Depicting risk and input decisions in the production function. 11.2. State Production set and input requirement set. 11.3. Distance functions and risk aversion. 11.4. Summary -- 12. Risk, uncertainty, and the agricultural firm - a summary and outlook

Download or read book Farmers Perspectives on Risks and Social Capital in the Mekong Delta written by Thị Phương Lan Ngô and published by Cambridge Scholars Publishing. This book was released on 2022 with total page 228 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book analyses the risky behavior of farmers in the Mekong Delta, Vietnam, in their shift from rice to shrimp farming, as well as the role of social capital in these farmers' economic activities. Emphasizing the rationality of the market does not fully explain the nature of farmers' economic behavior. Therefore, this book explores farmers' risk mitigation and dispersion, so as to provide a systematic outlook on the issue. It finds that ""food security"" and ""subsistence margin"" influence farmers' behavior to some extent. In the context of current social relations, farmers do not complete.