Open Access
Practical Application and Discernability of Risky Choice Models
David R. Just,Richard E. Just +1 more
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The article was published on 2009-01-01 and is currently open access. It has received 4 citations till now.read more
Citations
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Journal ArticleDOI
Experimental Economics and the Economics of Contracts
David R. Just,Steven Y. Wu +1 more
Journal ArticleDOI
Empirical Challenges for Risk Preferences and Production
TL;DR: The importance of risk preferences in agricultural production has long been identified as an important and preeminent issue of policy relevance as discussed by the authors, and recent developments in the study of production risk have called into question much of the core of risk production research.
Dissertation
Dynamiques de moyen et long terme des cours des matières premières : les enjeux pour le développement dans les pays africains producteurs de coton
Abstract: Cette these analyse les enjeux du developpement economique lies aux dynamiques des cours des matieres premieres en general et ceux du coton en particulier. Traditionnellement, les travaux s’inscrivant dans une optique de long terme questionnent la pertinence des specialisations primaires des PMA. A moyen terme l’interet porte davantage sur l’instabilite dont les consequences sont d’autant plus importantes que la dependance des pays a l’exportation de tels produits est forte. Les enjeux s’articulent alors autour des modalites de regulation des marches, du choix d'outils (publics ou marchands) pour la gestion des incertitudes, le tout dependant de l’apprehension de l’instabilite comme un phenomene endogene ou exogene. Dans un contexte nouveau marque par l’affirmation d’oligopoles de firmes, la segmentation du processus productif mondial, et la financiarisation des marches de matieres premieres, nous proposons un cadre analytique permettant d’aborder differemment ces problematiques. Nos travaux montrent d’abord comment les approches du type chaines globales de valeur peuvent etre mobilisees pour mieux orienter les strategies commerciales / industrielles des PMA. S’appuyant sur la notion de rationalite limitee dans le cadre de modeles de comportements heterogenes, ils prouvent ensuite l’existence d’une forte composante endogene dans l’instabilite et par la meme, l'inefficacite des seuls outils marchands. Au final, pour les pays africains producteurs de coton, il apparait qu’il reste possible de mettre ce produit au service d’une strategie globale de developpement. Cela passe par le recours a des mecanismes hybrides de gestion de l’instabilite, combine au renforcement des dynamiques de cooperation transfrontalieres en vue d’une structuration de chaines regionales de valeur.
Agricultural Policy Impact on the Stability of Farm Income and Water Use in the North-East of the Syrian Arab Republic
TL;DR: In this article, the impact of agricultural policy on water use and farms' incomes in the northeast of the Syrian Arab Republic was investigated. But the authors focused on the three governorates of Deir-Ezzour (DEG), Al-Rakka (RAK), and Al-Hassakeh (HAG), and the results showed that the negative impact of the current policy on the water balance is evident in the area of Al-Khabour basin, located almost entirely in HAG.
References
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A Generalization of the Quasilinear Mean with Applications to the Measurement of Income Inequality and Decision Theory Resolving the Allais Paradox
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Two-Moment Decision Models and Expected Utility Maximization
TL;DR: This paper identifies another restriction which is sufficient to ensure consistency between the two approaches and confirms that it holds in many economic models.
Journal ArticleDOI
Sufficient Statistics for Welfare Analysis: A Bridge Between Structural and Reduced-Form Methods
Raj Chetty,Raj Chetty +1 more
TL;DR: In this paper, the authors present a general framework that shows how many policy questions can be answered by estimating a small set of sufficient statistics using program-evaluation methods and use this framework to synthesize the modern literature on taxation, social insurance, and behavioral welfare economics.
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Beyond Revealed Preference: Choice Theoretic Foundations for Behavioral Welfare Economics
TL;DR: The authors proposed a choice-theoretic framework for evaluating economic welfare with the following features: (1) It is applicable irrespective of the positive model used to describe behavior (2) It subsumes standard welfare economics both as a special case (when standard choice axioms are satisfied) and as a limiting case ( when behavioral anomalies are small) (3) It requires only data on choices.
Related Papers (5)
The role of perceived acceptability of alternatives in identifying and assessing choice set processing strategies in stated choice settings: The case of road pricing reform
David A. Hensher,Chinh Q. Ho +1 more