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Persistent link: https://www.econbiz.de/10012195122
's ruminant livestock sector appears to be backgrounding feeder calves. However, while economic analysis has indicated that … stockgrowers in the study area could typically increase their net returns by backgrounding feeder calves, anecdotal evidence … suggests relatively few producers are presently backgrounding feeder calves. To identify the socioeconomic impediments …
Persistent link: https://www.econbiz.de/10005525875
of grazing contracts to futures and option contracts. The results show that the risks of backgrounding feeder cattle are …
Persistent link: https://www.econbiz.de/10005802675
Factors that affect the decision to feed or sell calves at weaning are analyzed for Arkansas cow-calf operators. A discrete choice logit model is used to analyze the adoption of value-added cattle production. Farm size, human capital, perception of risk/returns and enterprise diversification are...
Persistent link: https://www.econbiz.de/10005513876
information about operators' current production practices, including marketing, backgrounding, retained ownership, herd management …
Persistent link: https://www.econbiz.de/10005338093
Asymptotic and bootstrap tests are studied for testing whether there is a relation of stochastic dominance between two distributions. These tests have a null hypothesis of nondominance, with the advantage that, if this null is rejected, then all that is left is dominance. This also leads us to...
Persistent link: https://www.econbiz.de/10005822195
A social network has been used to simulate how agents of different levels of risk aversion under different circumstances behave in financial markets when deciding between risk-free and a risky asset. This is done by a discrete time version evolutionary game of risk-loving and risk-averse agents....
Persistent link: https://www.econbiz.de/10005836468
We characterize the classes of utility functions that are consistent with different notions of mean preserving spreads introduced in the literature. This gives rise to a unified approach and extension of some definitions of increasing risk, including the concepts of Rothschild and Stiglitz...
Persistent link: https://www.econbiz.de/10005838350
We extend the characterizations of increasing risks developed by Rothschild and Stiglitz (1970) to the case of unbounded probability distributions. We also consider the related notion of increasing risk about $\nu$ introduced by Landsberger and Meilijson (1990). Moreover, for some of the results...
Persistent link: https://www.econbiz.de/10005838351
Variety development and release decisions involve tradeoffs between yields and characteristics valued by end-users, as well as uncertainties about agronomic, quality, and economic variables. In this study, methods are developed to determine the value of varieties to growers and end-users...
Persistent link: https://www.econbiz.de/10005805371