Risk Transfer, Information and Production Contracts: A Suggested Analytical Methodology
Bessler, David A.; Moore, Charles V.
1975

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Abstract

Production contracts can be used to reduce or transfer risk but at a cost to the producer. The degree of risk transfer and its implicit cost can be determined using a Bayesian framework. The value of additional information is hypothesized as a function of the structure of the comn1odity market.

Details

Title
Risk Transfer, Information and Production Contracts: A Suggested Analytical Methodology
Author(s)
Bessler, David A.
Moore, Charles V.
Subject(s)
Issue Date
1975-08
Publication Type
Conference Paper/ Presentation
DOI and Other Identifiers
10.22004/ag.econ.284107
Record Identifier
https://ageconsearch.umn.edu/record/284107
Language
English
Total Pages
16
Record Appears in
Agricultural and Applied Economics Association (AAEA) > Agricultural and Applied Economics Association (AAEA) Conferences > 1975 Annual Meeting, August 10-13, Columbus, Ohio

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