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Articles 181 - 181 of 181
Full-Text Articles in Data Science
Effects Of Tactical Responses And Risk Aversion On Farm Wheat Supply, Ross S. Kingwell
Effects Of Tactical Responses And Risk Aversion On Farm Wheat Supply, Ross S. Kingwell
Natural Resources Research Articles
A discrete stochastic programming model of the farming system of the eastern wheatbelt of Western Australia is used to examine the effect of tactical responses and risk aversion on wheat supply. Including within-season tactical changes to wheat areas decreases the own-price elasticity of supply. By contrast, introducing risk aversion has no consistent effect on the own-price elasticity of supply. The implications for supply models are discussed.