... 12 2016 21 12 2016 © Emerald Publishing Limited 2017 Emerald Publishing Limited Licensed re-use rights only Heterogeneity Risk preference Agricultural risk Production decision Risk preferences have been a topic of interest for decades in the literature. Generally two...

... (2010) closed form solution this paper is one of the first to apply it to the macro-management of agricultural risks. The first term is the discounted value of the next coupon payment with both the floating forward Libor rate and the fixed spread, weighted by the probability of no CAT event...

... crops, excluding cotton, would have a one-time choice between the Agriculture Risk Coverage (ARC) program based on a county's revenue loss (ARCC) or on an individual farm's revenue loss (ARCI). A producer would also be eligible for the Adverse Market Payments (AMP) program, which would make a payment...

... of consistency between the highest ranked strategies under the various criteria. The effectiveness of the criteria increases as decision makers are assumed to be more risk averse and have greater access to financial leverage © MCB UP Limited 2001 Agricultural risk Risk management Risk ranking...

... to be drawn from the stratified ARMS data. © MCB UP Limited 2000 Agricultural risk Interest rates Loans Stratified data ...