Risk, uncertainty, and the agricultural firm /

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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 statistica...

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Detalles Bibliográficos
Clasificación:Libro Electrónico
Autor principal: Moss, Charles B. (Charles Britt)
Formato: Electrónico eBook
Idioma:Inglés
Publicado: Singapore ; Hackensack, NJ : World Scientific, ©2010.
Temas:
Farm management > Decision making > Mathematical models.
Risk > Mathematical models.
Uncertainty > Mathematical models.
Risque > Modèles mathématiques.
TECHNOLOGY & ENGINEERING > Agriculture > Agronomy > Crop Science.
TECHNOLOGY & ENGINEERING > Agriculture > Agronomy > General.
Farm management > Decision making > Mathematical models
Risk > Mathematical models
Uncertainty > Mathematical models
Acceso en línea:Texto completo
Tabla de Contenidos:
  • Introduction
  • Probability theory--A mathematical basis for making decisions under risk and uncertainty
  • Expected utility--The economic basis of decision making under risk
  • Risk aversion in the large and small
  • Portfolio theory and decision making under risk
  • Whole farm-planning models
  • Risk efficiency approaches--Stochastic dominance
  • Dynamic decision rules and the value of information
  • Market models of decision making under risk
  • Option pricing approaches to risk
  • State contingent production model: The stochastic production set
  • Risk, uncertainty, and the agricultural firm--A summary and outlook.

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