ANALYZING RISK-INCOME PERFORMANCE WITH ADAPTIVE VS. NON-ADAPTIVE ENTERPRISE MIX DECISIONS

Larry J. Held and Mark E. Schutt

No 270740, 1990 Annual meeting, August 5-8, Vancouver, Canada from American Agricultural Economics Association (New Name 2008: Agricultural and Applied Economics Association)

Abstract: Risk-income benefits of revising a firm's enterprise mix in response to updated information is examined from the standpoint of historical income variability; and frequency and amount of target-loss. The impact of improved information on a firm's risk status appears to depend heavily upon the type of risk expression used.

Keywords: Agricultural and Food Policy; Farm Management; Risk and Uncertainty (search for similar items in EconPapers)
Pages: 15
Date: 1990-08-05
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Persistent link: https://EconPapers.repec.org/RePEc:ags:aaea90:270740

DOI: 10.22004/ag.econ.270740

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