Do direct payments alter operators' acreage decisions? The authors use an event study with
individual‐level data in a panel‐data setting to examine how an exogenous change in direct …

Arrow's hypotheses regarding the relationship between wealth and risk aversion measures
have formed the basis for a large body of empirical research and theory. For example, many …

US agriculture operates in a market driven economy, although government policies can
have influence on what farmers produce and how they produce it. As with other businesses …

Die vergangenen und vermutlich zukünftigen Reformen der gemeinsamen Agrarpolitik
führen bei landwirtschaftlichen Aktivitäten zu einem Anstieg der Risiken. Marktrisiken …

We estimate a risk‐based programming, individual farm model and apply it to study the
wealth effects of crop‐related, decoupled direct payments under the European Union (EU) …

On a bus in West Philadelphia, a woman feeds her baby an artificial orange beverage from
his bottle. The drink costs much less than baby formula, partly because it is mostly …

Abstract Although Livestock Development Programmes (LDPs) increase production, their
impact on production risk needs consideration, with most impact assessments in literature …

W artykule dokonano teoretycznej i empirycznej analizy wpływu jednolitych dopłat
bezpośrednich na konsumpcję, oszczędności, produkcję oraz inwestycje gospodarstw …

One of the important changing in agricultural policy is the transition of market price support
to decoupling payments. But whether these payments decoupled from production is a …

Risk plays a significant role in input use decisions and production of output in agricultural
production. Understanding farmer risk attitudes and their responses to risk is significant in …