Автор | Bailey, DeeVon |
Автор | Richardson, James W. |
Дата выпуска | 1985 |
dc.description | A detailed whole-farm simulation model capable of simulating stochastic daily cash and futures prices was used to evaluate alternative marketing strategies for a Texas High Plains cotton farm over a ten-year planning horizon. Stochastic dominance with respect to a function was used to rank the alternative marketing strategies for risk-averse and risk-neutral producers. Results indicated that risk-averse producers would prefer hedge and hold marketing strategies over discretionary hedging strategies. Sellers' call contracting was not highly preferred by either risk-neutral or risk-averse producers. |
Формат | application.pdf |
Издатель | Oxford University Press |
Копирайт | Copyright 1985 American Agricultural Economics Association |
Тема | cotton |
Тема | marketing |
Тема | simulation |
Тема | risk |
Тема | stochastic dominance |
Тема | Articles |
Название | Analysis of Selected Marketing Strategies: A Whole-Farm Simulation Approach |
Тип | research-article |
DOI | 10.2307/1241821 |
Electronic ISSN | 1467-8276 |
Print ISSN | 0002-9092 |
Журнал | American Journal of Agricultural Economics |
Том | 67 |
Первая страница | 813 |
Последняя страница | 820 |
Выпуск | 4 |