Hedonic land price models often use parcel size as an explanatory variable. Empirical analyses,
however, are rather ambiguous regarding the direction and the size of the effect of this …

Purpose – The purpose of this paper is to review some challenges of insuring weather risk
in agriculture and to discuss potential remedies for these problems. Design/methodology/…

This study examines problems that may occur when conventional Value‐at‐Risk (VaR)
estimators are used to quantify market risks in an agricultural context. For example, standard VaR …

It is a matter of common knowledge that weather represents the major source of uncertainty
in crop production. It is to be expected that weather fluctuations will increase in the future due …

This study exarnines rainfall variability and Its 1mpllcations for wheat production risk in
northeast Germany. The hedging effectiveness of rainfall options and the role of geographical …

Disinvestment, in the sense of project termination and liquidation of assets including the
cession of a venture, is an important realm of entrepreneurial decision making. This study …

This article explores the possibility of spatial diversification of weather risk for 17 agricultural
production regions in China. We investigate the relation between the size of the buffer load …

This article analyzes efficiency and total factor productivity (TFP) change of large agricultural
enterprises during their transition to a market economy in Ukraine. Efficiency is calculated …

… Calculation of the value of the investment is based on the stochastic annual cash flows of
hog finishing, M t . M t itself is defined by the difference between annual revenues and annual …

The paper presents a simple model of a locked-in situation. Recent literature on path-dependence
has explained locked-in situations with increasing returns to scale or network …