A set of crop alternatives ranging from traditional, low risk to less common andor high risk crops is ranked according to their impact on overall risk using two measures. These two measures would aid cropping decisions by providing 1 a priori guidance on overall risk impact, and 2 a means to reduce the need for complex EV frontier estimation. Results suggest the number of crops that may depend on the riskiness of crop alternatives form which a producer chooses. Some reductions in necessary calculations for EV analysis are therefore suggested.
Agricultural Finance Review – Emerald Publishing
Published: May 5, 2000
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