Optimal Risk Management, Risk Aversion, and Production Function Properties

Autor: Edna T. Loehman, Carl H. Nelson

Publikováno v: Journal of Agricultural and Resource Economics, Vol 17, Iss 2, Pp 219-231 (1992)

For production risk with identified physical causes, the nature of risk, production characteristics, risk preference, and prices determine optimal input use. Here, a two-way classification for pairs of inputs - each input as being risk increasing or

Externí odkaz: https://doaj.org/article/0c2932769d4f478bae4b43ed62d3b65f

Further down the road to sustainable environmental flows: funding, management activities and governance for six western US states

Autor: Edna T. Loehman, Sasha Charney

Publikováno v: Water International. 36:873-893

This article examines the voluntary approach to environmental flow management in six western states of the United States. These states use the legal system for water allocation known as prior appropriation which allows market transfers of water right

Externí odkaz: https://explore.openaire.eu/search/publication?articleId=doi_________::46e9c0878df9e298e703edc07c54cf30
https://doi.org/10.1080/02508060.2011.628803

Voluntary Cost-Sharing for Environmental Risk Reduction: A Pollution Abatement Case Study

Autor: Edna T. Loehman

Publikováno v: Group Decision and Negotiation. 18:349-368

This paper develops the notion of voluntary cost-sharing as a paradigm for ameliorating pollution: polluters and sufferers can choose to share the costs of pollution abatement and participate together in reducing pollution. If both polluters and suff

Externí odkaz: https://explore.openaire.eu/search/publication?articleId=doi_________::aa9b23b6ec422b11f16051c2fbdbb622
https://doi.org/10.1007/s10726-008-9146-6

Social Investment for Sustainability of Groundwater: A Revealed Preference Approach

Autor: Edna T. Loehman

Publikováno v: Sustainability; Volume 6; Issue 9; Pages: 5598-5638
Sustainability, Vol 6, Iss 9, Pp 5598-5638 (2014)
Department of Agricultural Economics Faculty Publications

Groundwater is a form of natural capital that is valued for the goods it provides, including ecosystem health, water quality, and water consumption. Degradation of groundwater could be alleviated through social investment such as for water reuse and

Externí odkaz: https://explore.openaire.eu/search/publication?articleId=doi_dedup___::f9b3897f7ae26c1b7d2d0f878159b71f

Testing risk aversion and nonexpected utility theories

Autor: Edna T. Loehman

Publikováno v: Journal of Economic Behavior & Organization. 33:285-302

This paper tests risk aversion and compares several nonexpected utility theories using paired comparisons. Economic hypotheses associated with risk aversion are found not to hold in preference data. Expected utility with rank dependent probability is

Externí odkaz: https://explore.openaire.eu/search/publication?articleId=doi_________::572d795d43b731feb422135d695df127
https://doi.org/10.1016/s0167-2681(97)00097-8