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OPTIMAL CROP INSURANCE OPTIONS FOR ALABAMA COTTON-PEANUT PRODUCERS: A TARGET-MOTAD ANALYSIS

Irimia-Vladu, Marina, James Novak and Patricia Duffy

No 34754, 2004 Annual Meeting, February 14-18, 2004, Tulsa, Oklahoma from Southern Agricultural Economics Association

Abstract: Target-MOTAD was used to determine the optimal crop insurance options for two representative cotton and peanut farms in southern Alabama. Results showed that, for one of the farms, no crop insurance option was risk reducing given the yield history. For the other farm, risk reduction involved shifting to higher levels of insurance coverage.

Keywords: Risk and Uncertainty (search for similar items in EconPapers)
Date: 2004

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