...Shi Zheng; Pei Xu; Zhigang Wang Purpose The purpose of this paper is to identify factors that affect farm acceptance of the new seeds. This paper develops a Bivariate Probit model with adjusted sample selection bias to analyze Chinese farmers' sequential decision‐making process in their adoption...

... and the shortage of institutional rules in China's futures market. China Futures markets Decision making Hedging Hedge ratio Heckman model Five goals are found to explain enterprises hedging behavior: to avoid risks; to obtain profits by arbitrage; to buy or sell products more effectively...

... is maintained during 1996‐2008 with the same height of the two peaks. Kang Yu can be contacted at: yukang888@163.com © Emerald Group Publishing Limited 2011 China Agriculture Economic growth Decision making Income The Chinese economy has experienced a very rapid growth...

... premium is calculated based on the expected loss. All three loss ratio random variables are reduced to one‐parameter distributions allowing a simple decision‐making process for fund allocation. Several papers have been written on the SRA (Miranda and Glauber, 1997 ; Mason et al., 2003 ; Vedenov...