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Please use this identifier to cite or link to this item: http://ntour.ntou.edu.tw:8080/ir/handle/987654321/33092

Title: The impact of yield insurance on Taiwan’s cobia off-shore cage culture
Authors: Chen Y.H.;Chen Y.H.;Lee W.C.;Chen C.C.;Liao I.C.
Contributors: 國立臺灣海洋大學:生命科學院
Date: 2007
Issue Date: 2012-10-17T07:06:40Z
Publisher: Cobia Aquaculture: Research, Development and Commercial Production
Abstract: abstract:In this chapter, we quantified the real effect of yield insurance by setting up hypothetical yield insurance, and simulating its effects on input vector through our statistical model. We conclude three points from our simulations. (1) At 0% coverage, the optimal feed input for low CARA (constant absolute risk aversion) producers and high CARA producers are 56 kg/m3 and 54.75 kg/m3, respectively. The higher the producers' coefficient of risk averse, the lower amount of feed shall be applied. (2) At relatively higher coverage level, no matter which type of risk averse the producers are, the optima! feed application declines with the coverage increases. (3) At different coverage, high CARA producers use less feed and expect lower yield than low CARA producers.
Relation: pp.157-166
URI: http://ntour.ntou.edu.tw/handle/987654321/33092
Appears in Collections:[海洋中心] 期刊論文

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