Risk, Uncertainty and the Agricultural Firm

RISK, UNCERTAINTY AND THE AGRICULTURAL FIRM, 2010

Posted: 13 May 2010

See all articles by Charles Moss

Charles Moss

University of Florida - Food & Resource Economics Department

Date Written: April 9, 2010

Abstract

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 statistical foundations of decision making under risk and uncertainty. Adding to the material covered in Anderson, Dillon, and Hardaker, the text includes material on dynamic decision rules, the arbitrage pricing model, real options theory, and state-contingent production relationships. Risk, Uncertainty, and the Agricultural Firm provides a unique discussion of each application - developing the theoretical basis for each model and presenting an empirical roadmap (or the “nuts and bolts”) of each model to facilitate the empirical application of each technique.

Keywords: Agricultural Economics, Decision Making under Uncertainty, Agricultural and Resource Policy, Proprietary Firms, Applied Finance

Suggested Citation

Moss, Charles B., Risk, Uncertainty and the Agricultural Firm (April 9, 2010). RISK, UNCERTAINTY AND THE AGRICULTURAL FIRM, 2010 . Available at SSRN: https://ssrn.com/abstract=1604923

Charles B. Moss (Contact Author)

University of Florida - Food & Resource Economics Department ( email )

1175 McCarty Hall
P.O. Box 110240
Gainesville, FL 32611-0240
United States
352-294-7630 (Phone)
352-392-3646 (Fax)

HOME PAGE: http://ricardo.ifas.ufl.edu/l

Register to save articles to
your library

Register

Paper statistics

Abstract Views
328
PlumX Metrics
!

Under construction: SSRN citations while be offline until July when we will launch a brand new and improved citations service, check here for more details.

For more information