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- W2046245405 abstract "This paper addresses the problem of farmers' responses to agricultural stabilization and insurance policies. In particular, price insurance, gross revenue insurance, crop insurance, price plus crop insurance and portfolio insurance are examined. Stochastic dominance arguments assert that the level, type and net cost of agricultural insurance all interact to affect farmers' cropping decisions. Direct Expected Utility Maximization Models confirm the stochastic dominance arguments showing that in most cases agricultural insurance encourages risk-neutral behavior; that is, risk sharing augments risk taking. Agricultural insurance cannot therefore be deemed production neutral, and some output effects may be observed. L'auteur examine les réactions des agriculteurs aux politiques d'assurance et de stabilisation agricole, en particulier l'assurance-prix, l'assurance-revenu brut, l'assurance-récolte, l'assurance-prix-récolte et l'assurance portefeuille. Les arguments de dominance stochatisque permettant d'établir que le niveau, le type et le coût net de l'assurance-agricole se combinent dans leur influence sur les décisions de mise en culture de l'exploitant. Le modèle de maximisation de l'utilité espérée directe (MUED) confirme les arguments de dominance stochatisque en ce sens que dans la plupart des cas l'assurance-agricole encourage un comportement de neutralitéà l'égard du risque, c'est-à-dire que la participation au risque stimule la prise de resiques. L'assurance-agricole ne peut donc pas être considérée comme n'ayant pas d'influence sur la productivité, ce qu'on a d'ailleurs pu constater d'après certains effets de production." @default.
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- W2046245405 date "1992-11-01" @default.
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- W2046245405 title "An Economic Analysis of Alternative Farm Revenue Insurance Policies" @default.
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- W2046245405 doi "https://doi.org/10.1111/j.1744-7976.1992.tb03704.x" @default.
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