Risk Assessment in Economic Feasibility Analysis: The Case of Ethanol Production in Texas

James Richardson (), Brian K. Herbst, Joe Outlaw, David Anderson, Steven Klose and Gill, Robert Chope,

No 42095, Research Reports from Texas A&M University, Agricultural and Food Policy Center

Abstract: The objective of this study is to demonstrate the benefits of quantifying the economic viability of a proposed agribusiness under risk relative to a feasibility study which ignores risk. To achieve this objective, the economic viability of a 50 MMGPY ethanol facility in Texas is analyzed over a 10-year period in two ways: with no risk and with historical risk for prices and costs.

Keywords: Risk; and; Uncertainty (search for similar items in EconPapers)
Pages: 16
Date: 2006-09
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Citations: View citations in EconPapers (6)

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Persistent link: https://EconPapers.repec.org/RePEc:ags:tamfrr:42095

DOI: 10.22004/ag.econ.42095

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