Interpretations And Transformations Of Scale For The Pratt-Arrow Absolute Risk Aversion Coefficient: Implications For Generalized Stochastic Dominance: Reply
Author
Abstract
Suggested Citation
DOI: 10.22004/ag.econ.32221
Download full text from publisher
References listed on IDEAS
- Raskin, Rob & Cochran, Mark J., 1986. "Interpretations And Transformations Of Scale For The Pratt-Arrow Absolute Risk Aversion Coefficient: Implications For Generalized Stochastic Dominance," Western Journal of Agricultural Economics, Western Agricultural Economics Association, vol. 11(2), pages 1-7, December.
Citations
Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
Cited by:
- Botes, J. H. F. & Bosch, D. J. & Oosthuizen, L. K., 1994. "Elicitation Of Risk Preferences For Irrigation Farmers In The Winterton Area: Wealth Risk Versus Annual Income Risk," Agrekon, Agricultural Economics Association of South Africa (AEASA), vol. 33(1), March.
- Sen Lin & Bo Li & Antonio Arreola-Risa & Yiwei Huang, 2023. "Optimizing a single-product production-inventory system under constant absolute risk aversion," TOP: An Official Journal of the Spanish Society of Statistics and Operations Research, Springer;Sociedad de Estadística e Investigación Operativa, vol. 31(3), pages 510-537, October.
Most related items
These are the items that most often cite the same works as this one and are cited by the same works as this one.- Brent A. Gloy & Timothy G. Baker, 2002.
"The Importance of Financial Leverage and Risk Aversion in Risk-Management Strategy Selection,"
American Journal of Agricultural Economics, Agricultural and Applied Economics Association, vol. 84(4), pages 1130-1143.
- Baker, Timothy G. & Gloy, Brent A., 2001. "The Importance Of Financial Leverage And Risk Aversion In Risk Management Strategy Selection," 2001 Regional Committee NC-221, October 1-2, 2001, McLean, Virginia 132391, Regional Research Committee NC-1014: Agricultural and Rural Finance Markets in Transition.
- Larson, James A. & Roberts, Roland K. & Tyler, Donald D. & Duck, Bob N. & Slinsky, Stephen P., 1998.
"Nitrogen-Fixing Winter Cover Crops and Production Risk: A Case Study for No-Tillage Corn,"
Journal of Agricultural and Applied Economics, Cambridge University Press, vol. 30(1), pages 163-174, July.
- Larson, James A. & Roberts, Roland K. & Tyler, Donald D. & Duck, Bob N. & Slinsky, Stephen P., 1998. "Nitrogen-Fixing Winter Cover Crops And Production Risk: A Case Study For No-Tillage Corn," Journal of Agricultural and Applied Economics, Southern Agricultural Economics Association, vol. 30(1), pages 1-12, July.
- Buchholz, Matthias & Musshoff, Oliver, 2014.
"The role of weather derivatives and portfolio effects in agricultural water management,"
Agricultural Water Management, Elsevier, vol. 146(C), pages 34-44.
- Buchholz, Matthias & Musshoff, Oliver, 2014. "The role of weather derivatives and portfolio effects in agricultural water management," 2014 Conference (58th), February 4-7, 2014, Port Macquarie, Australia 165812, Australian Agricultural and Resource Economics Society.
- Purola, Tuomo & Lehtonen, Heikki, 2020. "Evaluating profitability of soil-renovation investments under crop rotation constraints in Finland," Agricultural Systems, Elsevier, vol. 180(C).
- Dilshad Ahmad & Muhammad Afzal & Abdur Rauf, 2019. "Analysis of wheat farmers’ risk perceptions and attitudes: evidence from Punjab, Pakistan," Natural Hazards: Journal of the International Society for the Prevention and Mitigation of Natural Hazards, Springer;International Society for the Prevention and Mitigation of Natural Hazards, vol. 95(3), pages 845-861, February.
- Featherstone, Allen M. & Moss, Charles B., 1989. "The Economic Efficiency Of Diversification: Certainty Equivalence And The Mean-Variance Model," Staff Papers 133739, Kansas State University, Department of Agricultural Economics.
- Carriker, Gordon L., 1993. "Factor Input Demand Subject to Economic and Environmental Risk: The Case of Nitrogen Fertilizer in Corn Production," Staff Papers 118154, Kansas State University, Department of Agricultural Economics.
- Jansson, Torbjörn & Heckelei, Thomas & Gocht, Alexander & Basnet, Shyam Kumar & Zhang, Yinan & Neuenfeldt, Sebastian, 2014. "Analysing impacts of changing price variability with estimated farm risk-programming models," 2014 International Congress, August 26-29, 2014, Ljubljana, Slovenia 182665, European Association of Agricultural Economists.
- Emilio Cerdá & Sonia Quiroga Gómez, 2009. "Economic Value of Weather Forecasting Systems Information: A Risk Aversion Approach," Working Papers 2009-04, FEDEA.
- Hinson, Roger A. & Lee, John G. & Huh, Mooyul, 1990. "Evaluation Of Selected Fresh Vegetable Terminal Markets: A Stochastic Dominance Approach," Southern Journal of Agricultural Economics, Southern Agricultural Economics Association, vol. 22(2), pages 1-10, December.
- Williams, J. R. & DeLano, D. R. & Heiniger, R. W. & Vanderlip, R. L. & Llewelyn, R. V., 1999. "Replanting strategies for grain sorghum under risk," Agricultural Systems, Elsevier, vol. 60(2), pages 137-155, May.
- Feuz, Dillon M. & Fausti, Scott W. & Wagner, John J., 1995.
"Risk And Market Participant Behavior In The U.S. Slaughter-Cattle Market,"
Journal of Agricultural and Resource Economics, Western Agricultural Economics Association, vol. 20(1), pages 1-10, July.
- Feuz, Dillon M. & Fausti, Scott W. & Wagner, John J., 1994. "Risk and Market Participant Behavior in the U.S. Slaughter Cattle Market," Economics Staff Papers 232233, South Dakota State University, Department of Economics.
- Gomez-Limon, Jose A. & Arriaza, Manuel & Riesgo, Laura, 2003. "An MCDM analysis of agricultural risk aversion," European Journal of Operational Research, Elsevier, vol. 151(3), pages 569-585, December.
- Joseph G. Eisenhauer, 2017. "Quantifying the Subjective Value of Certainty," German Economic Review, Verein für Socialpolitik, vol. 18(1), pages 118-131, February.
- Douglas L. Young & Tae-Jin Kwon & Frank L. Young, 2004. "Downsizing an Agricultural Field Experiment Alters Economic Results: A Case Study," Review of Agricultural Economics, Agricultural and Applied Economics Association, vol. 26(2), pages 255-265.
- Quiroga, Sonia & Iglesias, Ana, 2009. "A comparison of the climate risks of cereal, citrus, grapevine and olive production in Spain," Agricultural Systems, Elsevier, vol. 101(1-2), pages 91-100, June.
- Gomez-Limon, Jose Antonio & Riesgo, Laura & Arriaza Balmón, Manuel, 2002. "Agricultural Risk Aversion Revisited: A Multicriteria Decision-Making Approach," 2002 International Congress, August 28-31, 2002, Zaragoza, Spain 24827, European Association of Agricultural Economists.
- František Zapletal & Martin Šmíd, 2016. "Mean-risk optimal decision of a steel company under emission control," Central European Journal of Operations Research, Springer;Slovak Society for Operations Research;Hungarian Operational Research Society;Czech Society for Operations Research;Österr. Gesellschaft für Operations Research (ÖGOR);Slovenian Society Informatika - Section for Operational Research;Croatian Operational Research Society, vol. 24(2), pages 435-454, June.
- Williams, Jeffery R. & Tanaka, Donald L. & Herbel, Kevin L., 1993. "Farm Value Of Topsoil In Spring Wheat Production," Journal of Agricultural and Resource Economics, Western Agricultural Economics Association, vol. 18(1), pages 1-14, July.
- Giesler, G. Grant & Paxton, Kenneth W. & Millhollon, E. P., 1991. "A Gsd Estimation Of The Relative Worth Of Cover Crops In Cotton Production Systems," 1991 Annual Meeting, August 4-7, Manhattan, Kansas 271255, American Agricultural Economics Association (New Name 2008: Agricultural and Applied Economics Association).
More about this item
Keywords
Research Methods/ Statistical Methods; Risk and Uncertainty;Statistics
Access and download statisticsCorrections
All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:ags:wjagec:32221. See general information about how to correct material in RePEc.
If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.
If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .
If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: AgEcon Search (email available below). General contact details of provider: https://edirc.repec.org/data/waeaaea.html .
Please note that corrections may take a couple of weeks to filter through the various RePEc services.