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Option Approach to Search for Threshold Rice Price Toward Sustainable Paddy Field Management

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  • Atsushi Yoshimoto

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  • Atsushi Yoshimoto, 2005. "Option Approach to Search for Threshold Rice Price Toward Sustainable Paddy Field Management," Asia-Pacific Financial Markets, Springer;Japanese Association of Financial Economics and Engineering, vol. 12(2), pages 181-198, June.
    • Handle: RePEc:kap:apfinm:v:12:y:2005:i:2:p:181-198
    DOI: 10.1007/s10690-006-9018-5
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    References listed on IDEAS

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    1. Mishima, Tokuzo, 1992. "Changes of the rice distribution and the functions of the food control system in Japan," Agricultural Economics, Blackwell, vol. 7(1), pages 39-54, June.
    2. Larson, Bruce A., 1992. "Principles of stochastic dynamic optimization in resource management: the continuous-time case," Agricultural Economics, Blackwell, vol. 7(2), pages 91-107, July.
    3. Tokuzo Mishima, 1992. "Changes of the rice distribution and the functions of the food control system in Japan," Agricultural Economics, International Association of Agricultural Economists, vol. 7(1), pages 39-54, June.
    4. Clarke, Harry R. & Reed, William J., 1989. "The tree-cutting problem in a stochastic environment : The case of age-dependent growth," Journal of Economic Dynamics and Control, Elsevier, vol. 13(4), pages 569-595, October.
    5. Pindyck, Robert S, 1980. "Uncertainty and Exhaustible Resource Markets," Journal of Political Economy, University of Chicago Press, vol. 88(6), pages 1203-1225, December.
    6. Pindyck, Robert S, 1988. "Irreversible Investment, Capacity Choice, and the Value of the Firm," American Economic Review, American Economic Association, vol. 78(5), pages 969-985, December.
    7. Robert McDonald & Daniel Siegel, 1986. "The Value of Waiting to Invest," The Quarterly Journal of Economics, President and Fellows of Harvard College, vol. 101(4), pages 707-727.
    8. Harry R Clarke & William J Reed, 1989. "Land Development and Wilderness Conservation Policies Under Uncertainty: A Synthesis," Working Papers 1989.02, School of Economics, La Trobe University.
    9. Thomas A. Thomson, 1992. "Optimal Forest Rotation When Stumpage Prices Follow a Diffusion Process," Land Economics, University of Wisconsin Press, vol. 68(3), pages 329-342.
    10. Bailey, Warren, 1991. "Valuing agricultural firms : An examination of the contingent-claims approach to pricing real assets," Journal of Economic Dynamics and Control, Elsevier, vol. 15(4), pages 771-791, October.
    11. Brennan, Michael J & Schwartz, Eduardo S, 1985. "Evaluating Natural Resource Investments," The Journal of Business, University of Chicago Press, vol. 58(2), pages 135-157, April.
    12. Robert S. Pindyck, 1984. "Uncertainty in the Theory of Renewable Resource Markets," The Review of Economic Studies, Review of Economic Studies Ltd, vol. 51(2), pages 289-303.
    13. Yoshimoto, Atsushi & Shoji, Isao, 1998. "Searching for an optimal rotation age for forest stand management under stochastic log prices," European Journal of Operational Research, Elsevier, vol. 105(1), pages 100-112, February.
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