Knowledge Center Catalog

Participation in farm commodity programs:

Kramer, R.A.

Participation in farm commodity programs: a stochastic dominance analysis - 1981 - Printed

22 ref

Extract: The net benefits of participation in farm commodity programs are analyzed with a normative risk model based on stochastic dominance theory. Utilizing entire probability distributions of participation and nonparticipation net returns, the impacts of alternative program features and farm size are investigated. Small changes in program parameters are found to affect participation decisions. It also is demonstrated that farm size can influence participation choices


English

0002-9092


Farm organization and management
Legislation

82-752514

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