Drought policy: a graphical analysis
| Contribuinte(s) |
C. O'Donnell J. Mullen |
|---|---|
| Data(s) |
01/01/2004
|
| Resumo |
The standard approach to modelling production under uncertainty has relied on the concept of the stochastic production function. In the present paper, it is argued that a state-contingent production model is more flexible and realistic. The model is applied to the problem of drought policy. |
| Identificador | |
| Idioma(s) |
eng |
| Publicador |
Blackwell |
| Palavras-Chave | #Agricultural Economics & Policy #Economics #Self-protection #Crop Insurance #Risk #C1 #340201 Agricultural Economics #729999 Economic issues not elsewhere classified |
| Tipo |
Journal Article |
