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Economics and Management of Risk in Agriculture and Natural Resources


Annual Meeting of SCC-76

Sands Resort Hotel,
Myrtle Beach, SC

March 16 - 18, 2006

Barry J. Barnett (U. of Georgia), Chair

Scott W. Fausti (South Dakota State U.), Program Chair

Gary Schnitkey (U. of Illinois), Local Arrangements Chair

Dan McLemore (U. of Tennessee), Administrative Advisor

For Special Funding We Thank: National Crop Insurance Services and National Cotton Council.

March 16 - Thursday

7:30 - 9:00 pm

Welcome Reception
March 17 - Friday

8:00 - 8:20 am

Welcome and Introductions
8:20 - 9:00 am
Impacts of the Rules for Calculating APH on the Performance of APH Insurance. Alisher Umarov, Bruce Sherrick, and Gary Schnitkey

9:00 - 9:40 am

Investigating the Feasibility of Insuring an Uninsured Crop With No Objective Loss Data. Keith H. Coble, J. Corey Miller, Saleem Shaik, Terry Hanson, and Steve Sempier

9:40 - 10:00 am  Break

10:00 - 10:40 am

Adversity and the Propensity to Fail: The Impact of Disaster payments and Multiple Peril Crop Insurance on U.S. Farm Failure Rates. Barrett E. Kirwan

10:40 - 11:20 am

Extent, Location, and Characteristics of Land Cropped Due to Insurance Subsidies. Ruben Lubowski, Roger Claassen and Michael Roberts

11:20 - noon

A Note on Forward Contract Cycling. Gabriel J. Power and Cal Turvey

noon - 1:20 pm  Lunch

1:20 - 2:00 pm

Group Decision Making Under Risk. Micheal P. Brady, Brian Roe, Steven Y. Wu

2:00 - 2:40 pm

Marketing as Risk Management. David Zilberman

2:40 - 3:00 pm  Break

3:00 - 3:40 pm

Risk Aversion, Prudence, and the Three-Moment Decision Model for Hedging. Xiaomei Chen, H. Holly Wang and Ron Mittelhammer

3:40 - 4:20 pm

Calibrating Wealth Effects and Decoupled Payments. David R. Just

4:20 - 5:00 pm

Using Satellite-Based and/or Weather Station Information to Construct Smaller than County Sized Area Insurance Instruments. Joe Attwood

March 18 - Saturday

8:00 - 8:40 am

Normality Testing: R-test revisited. Ardian Harri and Keith H. Coble

8:40 - 9:20 am

Understanding Human Response to Economic Risk: An Overview of a Multidisciplinary Research Plan Involving Neuroscience, Genetics and Endocrinology. Brian Roe, Tim Haab, David Beversdorf and Howard Gu

9:20 - 10:00 am

Market Distortions in the Voluntary Price Reporting System for Live Cattle: Theory and Evidence from South Dakota. Scott Fausti

10:00 - 10:20 am  Break

10:20 - 11:00 am

Who Pays for Sudden Oak Death? An Econometric Investigation of an Emerging Pathogen on California Nurseries. Jesse Tack and Alix Peterson Zwane

11:00 - 11:30

Business Meeting.

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