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Risk In Production, Mamadou Dian Diallo May 1984

Risk In Production, Mamadou Dian Diallo

All Graduate Theses and Dissertations, Spring 1920 to Summer 2023

Most production activities undertaken involve a certain degree of risk. Agricultural production is particularly risky since it is susceptible to the physical vagaries of nature and all economic and social variations. For most countries, agriculture is an important and vital sector where production decisions are made under risk. Hence, decision making under risk requires careful analysis and represents an important area of study.

The present research has been directed to advance our knowledge about the consequences of risk, and the behavior toward risk in the organization of production, particularly agricultural production. This objective is achieved by a review of risk …


Efficiency Justifications For Personal Property Security, James J. White Jan 1984

Efficiency Justifications For Personal Property Security, James J. White

Articles

In February of 1983 Pan American World Airways issued 100 million dollars of convertible secured notes. As security for these notes it put up three Boeing 747 SP aircraft, two 747-100 aircraft, and one McDonnell Douglas DC10-30. The appraised value of these aircraft was 157 million dollars. To the extent possible under the law, Pan American made these aircraft subject to the claims of the owners of the new notes. On default, the note holders would have the first claim on these aircraft, would have the right to repossess them outside of bankruptcy, and would have the right to the …