A REPRESENTATIVE FARM APPROACH TO OUTREACH WITH BEGINNING FARMERS AND RANCHERS

Beginning Farmers and Ranchers, Representative Farm, Whole Farm Analysis, Risk Management, Online Decision Support, Stochastic, Baseline, Farm Management, Teaching/Communication/Extension/Profession, Q12, Q14, D81,

Effects of Information on Consumer Risk Perception and Willingness to Pay for Non-Genetically Modified Corn Oil

Replaced with revised version of paper 07/16/05.Genetically Modified, Contingent Valuation, Willingness to Pay, Risk Perception, Consumer/Household Economics, D12, D11, C35, D81,

Optimal Timing of Farmland Investment - An Experimental Study on Farmers' Decision Behavior -

Replaced with revised version of paper 5/26/11.Experimental Economics, Investment, Real Options, Agribusiness, Agricultural Finance, Farm Management, Financial Economics, Institutional and Behavioral Economics, Risk and Uncertainty, C91, D81, D92,

Health Benefits and Uncertainty: An Experimental Analysis of the Effects of Risk Presentation on Auction Bids for a Healthful Product

Experimental subjects receive a different presentation of a food product's potential health risk reductions if people habitually eat it, and then asked to bid for the product. Results suggest that the bids vary across the groups that receive differing risk information.Health risks, experimental economics, auctions, uncertainty, Risk and Uncertainty, D81, I12,

Asset securitisation as a risk management and funding tool : what does it hold in store for SMES?

The following chapter critically surveys the attendant benefits and drawbacks of asset securitisation on both financial institutions and firms. It also elicits salient lessons to be learned about the securitisation of SME-related obligations from a cursory review of SME securitisation in Germany as a foray of asset securitisation in a bank-centred financial system paired with a strong presence of SMEs in industrial production. JEL Classification: D81, G15, M2

Captive insurance companies and the management of non-conventional corporate risks

We examine under what conditions setting up a captive insurance company with reinsurance is an optimal solution for risk-averse firms when the insured firm, the insurer and the reinsurer do not know the probability distribution of some risks, and have conflicting estimates of this distribution.corporate insurance, reinsurance, uncertainty, ambiguity, non-conventional risks, captive insurance companies, Risk and Uncertainty, D81, G22, Q2,

Advanced Biofuel Production in Louisiana Sugar Mills: an Application of Real Options Analysis

In order to more fully study the risks and uncertainty involved in cellulosic ethanol production, we examine a simulated plant in South Louisiana using Real Options Analysisreal options, risk, uncertainty, cellulosic ethanol, energy cane, sorghum, bagasse, simulation, Agribusiness, Agricultural Finance, Production Economics, Resource /Energy Economics and Policy, Risk and Uncertainty, q42, q14, q16, d81, g31,

TARGET MOTAD FOR RISK LOVERS

Although risk analyses of discrete alternatives often identify at least one efficient set for persons who prefer risk, preference for risk is usually ignored when the decision variables are continuous. This paper presents a version of Target MOTAD which can be used when there is preference for risk.risk, target MOTAD, risk seeking, risk lovers, Risk and Uncertainty, D81, Q12,

Black Holes in Ho\v{r}ava Gravity with Higher Derivative Magnetic Terms

We consider Horava gravity coupled to Maxwell and higher derivative magnetic terms. We construct static spherically symmetric black hole solutions in the low-energy approximation. We calculate the horizon locations and temperatures in the near-extremal limit, for asymptotically flat and (anti-)de Sitter spaces. We also construct a detailed balanced version of the theory, for which we find projectable and non-projectable, non-perturbative solutions.Comment: 17 pages. v2: Up to date with published version; some minor remarks and more reference

Business corruption, uncertainty and risk aversion

The presence of business-corruption in a market provokes firms to make choices between legal business approaches and illegal bribery. The outcome of a chosen strategy will usually be uncertain at the time the decision is made, and a firm's decision will depend partly on its attitude towards risk. Drawing on the empirical data provided by a survey of 82 Norwegian exporting businesses, the paper proposes a theory about firm's choices between legal and illegal business practices. It begins by describing the risks, uncertainties and benefits attached to bribery, and specifies their impact on firm's propensity to offer bribes. It then demonstrates how risk averse firms can be more inclined to offer bribes than risk neutral, and even risk attracted firms. Although the analysis diverges from existing theory in stressing the differences between illegal and legal forms of rent-seeking, the findings correspond to the results reported in the literature on legal forms of rent-seeking. JEL D81, F23, K40Rent-seeking Corruption Firms Risk JEL D81, F23, K40