Evaluating the Impact of Proposed Farm Bill Programs with Crop Insurance for Southern Crops
Todd Davis,
John A. Anderson and
Nathan Smith
No 162409, 2014 Annual Meeting, February 1-4, 2014, Dallas, Texas from Southern Agricultural Economics Association
Abstract:
A five-year stochastic model of proposed House and Senate farm bill programs interacting with crop insurance was used to simulate distributions of per acre net revenue for Arkansas rice, Texas cotton, and Georgia peanuts. Certainty equivalents were used to analyze the effect of risk aversion on preferred risk management strategies.
Keywords: Agricultural and Food Policy; Farm Management; Risk and Uncertainty (search for similar items in EconPapers)
Pages: 19
Date: 2014
New Economics Papers: this item is included in nep-agr and nep-ias
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Persistent link: https://EconPapers.repec.org/RePEc:ags:saea14:162409
DOI: 10.22004/ag.econ.162409
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