A Risk-Programming Analysis of Forward Contracting with Credit Constraints
作者： Peter J. Barry , David R. Willmann
DOI: 10.2307/1238578
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摘要: A multiperiod risk-programming model is developed to evaluate forward contracting and other financial choices for farmers who are subject market risks external credit rationing. The utilizes mean-variance analysis derive sets of E-V efficient growth plans reflecting the influence on income stability, levels credit, growth. case farm used develop model's decision elements survey responses lenders contract choices. Model results indicate that lenders' may modify producer's his rate
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