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Agricultural Economics

2010

Risk

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Stochastic Trends In Crop Yield Density Estimation, David I. Maradiaga Jan 2010

Stochastic Trends In Crop Yield Density Estimation, David I. Maradiaga

LSU Master's Theses

The search for improved methods of estimating crop yield density functions has been a theme of recurrent research interest in agricultural economics. Crop yield density functions are the statistical instrument that generates probability estimates of yield risk, and risk is an important decision variable in production agriculture. Recent research in crop yield density estimation suggests that yield probability estimates can be sensitive to the way yield data are filtered, and if true, then the search for an “adequate filter” is warranted. Such a quest is pursued in this study. It is proposed that unit-root tests can be used to identify …


Incentives, Risk, And The Role Of Private Investments In Louisiana Coastal Wetland Restoration, Cheikhna Ould Dedah Jan 2010

Incentives, Risk, And The Role Of Private Investments In Louisiana Coastal Wetland Restoration, Cheikhna Ould Dedah

LSU Doctoral Dissertations

The coast of Louisiana, with more than three million wetland acres, accounts for about 40 percent of the nation’s total wetlands. Louisiana is estimated to have lost more than 1.2 million acres of its coastal wetland in the last century. Although 75% of Louisiana’s coastal wetlands are privately owned, little has been done to encourage private landowners to undertake wetland restoration projects. This dissertation examines the factors that influence the decisions of the landowners to undertake wetland restoration projects. We develop a theoretical framework for understanding the landowner’s decision-making process in the presence of high uncertainty and increasing restoration costs. …