Risk and Household Grain Management in Developing Countries
نویسندگان
چکیده
منابع مشابه
Risk and Household Grain Management in Developing Countries
A dynamic model is presented of a household’s joint production, storage, and trade decisions under price risk, region-wide and idiosyncratic yield risk, and explicit transaction costs. Balancing the goals of profit maximization and hedging against consumption price risk, grain management decisions are nonlinear, interdependent functions of the market price and household grain availability and f...
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ژورنال
عنوان ژورنال: The Economic Journal
سال: 2006
ISSN: 0013-0133,1468-0297
DOI: 10.1111/j.1468-0297.2006.01124.x