Accounting for risk in farm investment calculations: application to dairy farm investment
Author
Abstract
Suggested Citation
DOI: 10.22004/ag.econ.249988
Download full text from publisher
References listed on IDEAS
- Avinash K. Dixit & Robert S. Pindyck, 1994. "Investment under Uncertainty," Economics Books, Princeton University Press, edition 1, number 5474.
- D. G. Malcolm & J. H. Roseboom & C. E. Clark & W. Fazar, 1959. "Application of a Technique for Research and Development Program Evaluation," Operations Research, INFORMS, vol. 7(5), pages 646-669, October.
- Feichtinger, Paul & Salhofer, Klaus, 2011.
"The Valuation of Agricultural Land and the Influence of Government Payments,"
Working papers
119103, Factor Markets, Centre for European Policy Studies.
- Feichtinger, Paul & Salhofer, Klaus, 2011. "The Valuation of Agricultural Land and the Influence of Government Payments," Factor Markets Working Papers 112, Centre for European Policy Studies.
- Marianne Lefebvre & Kim De Cuyper & Ellen Loix & Davide Viaggi & Sergio Gomez y Paloma, 2014. "European Farmers intentions to invest in 2014-2020: survey results," JRC Research Reports JRC90441, Joint Research Centre.
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.- Ben Abdallah, Skander & Lasserre, Pierre, 2016.
"Asset retirement with infinitely repeated alternative replacements: Harvest age and species choice in forestry,"
Journal of Economic Dynamics and Control, Elsevier, vol. 70(C), pages 144-164.
- Skander Ben Abdallah & Pierre Lasserre, 2016. "Asset Retirement with Infinitely Repeated Alternative Replacements: Harvest Age and Species Choice in Forestry," CIRANO Working Papers 2016s-37, CIRANO.
- Oscar Gutiérrez & Francisco Ruiz-Aliseda, 2011.
"Real options with unknown-date events,"
Annals of Finance, Springer, vol. 7(2), pages 171-198, May.
- Oscar Gutierrez Arnaiz & Francisco Ruiz-Aliseda, 2003. "Real Options with Unknown-Date Events," Discussion Papers 1378, Northwestern University, Center for Mathematical Studies in Economics and Management Science.
- Timothy Erickson & Toni M. Whited, 2000. "Measurement Error and the Relationship between Investment and q," Journal of Political Economy, University of Chicago Press, vol. 108(5), pages 1027-1057, October.
- Arve, Malin & Zwart, Gijsbert, 2023. "Optimal procurement and investment in new technologies under uncertainty," Journal of Economic Dynamics and Control, Elsevier, vol. 147(C).
- Shively, Gerald E., 2001. "Price thresholds, price volatility, and the private costs of investment in a developing country grain market," Economic Modelling, Elsevier, vol. 18(3), pages 399-414, August.
- Marks, Phillipa & Marks, Brian, 2007. "Spectrum Allocation, Spectrum Commons and Public Goods: the Role of the Market," MPRA Paper 6785, University Library of Munich, Germany.
- Stern, Nicholas, 2018. "Public economics as if time matters: Climate change and the dynamics of policy," Journal of Public Economics, Elsevier, vol. 162(C), pages 4-17.
- Krause, M.U., 2002. "Inter-Industry Wage Differentials and Job Flows," Other publications TiSEM 848f243e-a560-41a6-b689-6, Tilburg University, School of Economics and Management.
- Wong, Kit Pong & Yi, Long, 2013. "Irreversibility, mean reversion, and investment timing," Economic Modelling, Elsevier, vol. 30(C), pages 770-775.
- Pierre‐Richard Agénor, 2004.
"Macroeconomic Adjustment and the Poor: Analytical Issues and Cross‐Country Evidence,"
Journal of Economic Surveys, Wiley Blackwell, vol. 18(3), pages 351-408, July.
- Agenor, Pierre-Richard, 2002. "Macroeconomic adjustment and the poor : analytical issues and cross-country evidence," Policy Research Working Paper Series 2788, The World Bank.
- Atal, Vidya & Bar, Talia & Gordon, Sidartha, 2016.
"Project selection: Commitment and competition,"
Games and Economic Behavior, Elsevier, vol. 96(C), pages 30-48.
- Vidya Atal & Talia Bar & Sidartha Gordon, 2014. "Project Selection: Commitment and Competition," Working papers 2014-28, University of Connecticut, Department of Economics.
- Vidya Atal & Talia Bar & Sidartha Gordon, 2016. "Project selection: Commitment and competition," Post-Print hal-01408902, HAL.
- Yonggu Kim & Keeyoung Shin & Joseph Ahn & Eul-Bum Lee, 2017. "Probabilistic Cash Flow-Based Optimal Investment Timing Using Two-Color Rainbow Options Valuation for Economic Sustainability Appraisement," Sustainability, MDPI, vol. 9(10), pages 1-16, October.
- Bergendahl, Goran, 2005. "Models for investment in electronic commerce--financial perspectives with empirical evidence," Omega, Elsevier, vol. 33(4), pages 363-376, August.
- Prelipcean, Gabriela & Boscoianu, Mircea, 2019. "Aspect Regarding the Design of Active Strategies for Venture Capital Financing – the Flexible Adjustment for Romania as a Frontier Capital Market," Proceedings of the ENTRENOVA - ENTerprise REsearch InNOVAtion Conference (2019), Rovinj, Croatia, in: Proceedings of the ENTRENOVA - ENTerprise REsearch InNOVAtion Conference, Rovinj, Croatia, 12-14 September 2019, pages 187-196, IRENET - Society for Advancing Innovation and Research in Economy, Zagreb.
- Wong, Kit Pong, 2011. "Progressive taxation and the intensity and timing of investment," Economic Modelling, Elsevier, vol. 28(1-2), pages 100-108, January.
- Chahim, M. & Hartl, R.F. & Kort, P.M., 2011. "The Deterministic Impulse Control Maximum Principle in Operations Research : Necessary and Sufficient Optimality Conditions (replaces CentER DP 2011-052)," Other publications TiSEM a7a21401-43e3-4ecc-977a-7, Tilburg University, School of Economics and Management.
- Unterschultz, James R., 2000. "New Instruments For Co-Ordination And Risk Sharing Within The Canadian Beef Industry," Project Report Series 24046, University of Alberta, Department of Resource Economics and Environmental Sociology.
- Waters, James, 2015. "Optimal design and consequences of financial disclosure regulation: a real options approach," MPRA Paper 63369, University Library of Munich, Germany.
- Meade, Richard, 2006. "Valuing the Impact of Climate Change Policies on Forestry," Working Paper Series 19068, Victoria University of Wellington, The New Zealand Institute for the Study of Competition and Regulation.
- Yoon, Byung-Sam & Brorsen, B. Wade, 2005.
"Can Multiyear Rollover Hedging Increase Mean Returns?,"
Journal of Agricultural and Applied Economics, Cambridge University Press, vol. 37(1), pages 65-78, April.
- Yoon, Byung-Sam & Brorsen, B. Wade, 2005. "Can Multiyear Rollover Hedging Increase Mean Returns?," Journal of Agricultural and Applied Economics, Southern Agricultural Economics Association, vol. 37(1), pages 1-14, April.
More about this item
Keywords
Farm Management; Risk and Uncertainty;NEP fields
This paper has been announced in the following NEP Reports:- NEP-AGR-2016-12-11 (Agricultural Economics)
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:eaa156:249988. 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/eaaeeea.html .
Please note that corrections may take a couple of weeks to filter through the various RePEc services.