A Safety First Model of Risk Management for Use in Extension Programs

Autor: Judy Ohannesian, Fred J. Benson, Wesley N. Musser
Rok vydání: 1981
Předmět:
Zdroj: North Central Journal of Agricultural Economics. 3:41
ISSN: 0191-9016
DOI: 10.2307/1349407
Popis: This article presents a safety first model of risk designed for use in farm management and marketing extension programs in which risk management is not the major emphasis. The methodology uses a lower confidence limit for net returns approach adapted from portfolio analysis. The use of the model is illustrated with an application to a crop enterprise planning program in Minnesota.
Databáze: OpenAIRE