Incorporating Government Program Provisions into a Mean-Variance Framework Academic Article uri icon


  • E-V studies traditionally have relied on historical data to calculate returns and variance. This paper presents a method for calculating mean and variance using subjectively-estimated data. The method is developed for both government-supported and non-program crops. Comparisons to alternative methods suggest the approach provides reasonable accuracy. -from Authors

author list (cited authors)

  • Perry, G. M., Rister, M. E., Richardson, J. W., & Bessler, D. A.

citation count

  • 1

publication date

  • December 1989