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Economics and Management of Risk in Agriculture and Natural Resources


Annual Meeting of SRIEG-70

Gulf Shores State Park,
Gulf Shores, Alabama

March 21-23, 1996

The focus of the SRIEG includes the following program areas and initiatives:
  • Environmental and Natural Resources (Protecting and enhancing water resources; Compatibility of agriculture, natural resources and the environment; Sustaining forest, range and related natural resources).

  • Economic and Social Issues (Improving competitiveness in global markets; Impacts of new agricultural technologies).

  • Animal Systems (Animal production systems).

  • Plant Systems (Pest management strategies; Biology and management of plant systems).

March 21 - Thursday

6:00 pm

Reception hosted by the National Cotton Council and the National Crop Insurance Service
March 22 - Friday

8:30 - 9:00 am

Personal Introduction of Attendees' Research
9:00 - 10:00
Mark Krause "A Stochastic Dominance Analysis of Yield and Price Insurance Strategies in North Dakota"
David Buschena, Michael Roberts and Alan Baquet "Accuracy of Experimental Methods for Risk Preferences"

10:00 - 10:15  Break

10:15 - 11:45

Joe Atwood and David Buschena "Risk Averse Behavior Under Risk Neutral Preferences and Transactions Costs"
Lindon Robison "When Does Mean-Variance Utility Get it Right?"
Ray Huffaker "Is Risk Necessary in Economic Analysis?"

11:45 - 1:30 pm  Lunch

1:30 - 3:00

Amit Bitybal "Renewal Theory and Natural Resource Regulatory Policy Under Uncertainty"
Jay Coggins "Quasi-Option Value in Natural Resource Decisions: Luck or Learning?"
Rob Innes "The Economics of Safe Drinking Water"

3:00 - 3:15  Break

3:15 - 5:00

Risk and Public Safety Discussion
Mark Messionnier "Economics and Management of Risk in Public Health: The CDC Experience"

6:00 pm  Dinner - Ribs and Reds. This is highly recommended.

March 23 - Saturday

8:30 - 10:00 am

Brian Wright and Seung Jick Yoo "Booms and Busts in Natural Growth: Evidence from Tree Ring Data"
Matt Holt and Satheesh Aradhyula "Endogenous Risk in Rational-Expectations Commodity Models: A Multivariate Generalized Arch-M Approach"
Mario Miranda and Joe Glauber "Price Stabilization, Revenue Stabilization and the Natural Hedge"

10:00 - 10:15  Break

10:15 - 10:45

David Zilberman "Who Benefits from Economic Information?"

10:45 - 12:00  Discussion and Adjourn

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