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Risk Response Models and Their Use In Agricultural Policy Evaluation

Richard Just

No 284112, 1975 Annual Meeting, August 10-13, Columbus, Ohio from American Agricultural Economics Association (New Name 2008: Agricultural and Applied Economics Association)

Abstract: The previous two papers have discussed the possible effects that proposed public policy may have on risk and uncertainty in the agricultural economic environment. Accordingly, I will argue that, before we can adequately evaluate such policies which create new degrees of risk for agricultural producers, we must have better quantitative knowledge of how fathers will respond to changing risk in adjusting input and production decisions. I will then consider models for estimation of the effects of changing risk in agricultural supply response.

Keywords: Risk; and; Uncertainty (search for similar items in EconPapers)
Pages: 19
Date: 1975-08
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Citations: View citations in EconPapers (19)

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Persistent link: https://EconPapers.repec.org/RePEc:ags:aaea75:284112

DOI: 10.22004/ag.econ.284112

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