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- W1553702917 abstract "Abstract The marginal benefit and cost of diversification for Florida orange producers is analyzed using certainty equivalents. Results indicate that for moderate and high levels of risk aversion, diversification into strawberry, grapefruit, or additional orange production is not optimal. However, moderately risk averse Florida orange producers can gain by diversifying into grapefruit production if the annual amortized fixed costs can be reduced by as little as 10 percent." @default.
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- W1553702917 date "1990-12-01" @default.
- W1553702917 modified "2023-09-25" @default.
- W1553702917 title "Quantifying Gains To Risk Diversification Using Certainty Equivalence In A Mean-Variance Model: An Application To Florida Citrus" @default.
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- W1553702917 doi "https://doi.org/10.1017/s1074070800001930" @default.
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