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A Note on Alternative Market and Governmental Risk Transference Mechanisms

Published online by Cambridge University Press:  05 September 2016

Paul L. Fackler*
Affiliation:
North Carolina State University

Abstract

The major mechanisms for the transference of price and output risk by crop producers are examined. These include the use of futures and options contracts, government price-support and deficiency-payments programs, and crop insurance. Iso-revenue curves are used to highlight the distinctions between these alternatives.

Type
Notes
Copyright
Copyright © Southern Agricultural Economics Association 1989

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References

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