Participation in farm commodity programs: a stochastic dominance analysis
Material type: ArticleLanguage: En Publication details: 1981ISSN:- 0002-9092
- 82-752514
Item type | Current library | Collection | Call number | Copy number | Status | Date due | Barcode | Item holds | |
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Article | CIMMYT Knowledge Center: John Woolston Library | AGRIS Collection | 82-752514 (Browse shelf(Opens below)) | 1 | Available | 82-752514 |
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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
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