Comparison of production risks in the state-contingent framework: application to balanced panel data

Keyphrases

• Production Risk 100%
• State-contingent 100%
• Balanced Panel Data 100%
• State-contingent Framework 100%
• Time-invariant 33%
• Portfolio Choice 33%
• State-contingent Technology 33%
• Invariant State 33%
• State of Nature 33%
• Maryland 16%
• Grazing System 16%
• Feed Cost 16%
• Dairy Production 16%
• Confinement Model 16%
• Risk Preferences 16%
• Decision-dependent Uncertainty 16%
• Production Data 16%
• Stationarity 16%
• Milk Prices 16%
• Production Decision 16%
• Technical Change 16%
• Optimal Portfolio 16%
• Arrow-Debreu Model 16%
• Intensive Grazing 16%
• Data Generating Process 16%
• Optimal Production Plan 16%
• Casting Production 16%
• Stochastic Technology 16%
• Certainty Approach 16%
• Production Uncertainty 16%
• Regularity Assumption 16%
• Contingent Claims Analysis 16%
• Grazing Dairy Systems 16%
• State Realization 16%
• Organic Milk Production 16%
• State-contingent Approach 16%

Economics, Econometrics and Finance

• Panel Study 100%
• Decision under Uncertainty 33%
• Risk Attitude 33%
• Risk Preference 33%
• Technical Change 33%