OPTIMAL CROP INSURANCE OPTIONS FOR ALABAMA COTTON-PEANUT PRODUCERS: A TARGET-MOTAD ANALYSIS
Marina Irimia-Vladu,
James L. Novak and
Patricia A. 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)
Pages: 14
Date: 2004
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Persistent link: https://EconPapers.repec.org/RePEc:ags:saeaft:34754
DOI: 10.22004/ag.econ.34754
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