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Participation in farm commodity programs: a stochastic dominance analysis

By: Contributor(s): Material type: ArticleArticleLanguage: En Publication details: 1981ISSN:
  • 0002-9092
Subject(s): DDC classification:
  • 82-752514
In: American Journal of Agricultural Economics v. 63, no. 1, p. 119-12882-752514Summary: 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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Item type Current library Collection Call number Copy number Status Date due Barcode Item holds
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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