caa a22 4500 386316600 CHVBK 20180307111607.0 cr unu---uuuuu 161130e198812 xx s 000 0 eng 10.1017/S0081305200017714 doi S0081305200017714 pii (NATIONALLICENCE)cambridge-10.1017/S0081305200017714 The Agricultural Risk Management Simulator Microcomputer Program [Elektronische Daten] [Robert P. King, J. Roy Black, Fred J. Benson, Patti A. Pavkov] The Agricultural Risk Management Simulator (ARMS) is a microcomputer program designed to help users evaluate strategies for managing yield and price risk in crop farming operations. Risk management strategies are defined by choices regarding crop mix, the purchase of multiple peril crop insurance, and the use of forward contracting. Probabilistic budgeting is used to determine the net cash flow probability distribution for each strategy considered. Flexibility with regard to both sources of probabilistic information and the form of yield and price probability distributions is a noteworthy feature of the program. Copyright © Southern Agricultural Economics Association 1988 risk management nationallicence simulation nationallicence probabilistic budgeting nationallicence crop insurance nationallicence King Robert P. Department of Agricultural and Applied Economics at the University of Minnesota aut Black J. Roy Departments of Agricultural Economics at Michigan State University and the University of Kentucky aut Benson Fred J. Departments of Agricultural Economics at Michigan State University and the University of Kentucky aut Pavkov Patti A. Minnesota Extension Service, University of Minnesota aut Southern Journal of Agricultural Economics Cambridge University Press 20/2(1988-12), 165-171 0081-3052 20:2<165 1988 20 AAE https://doi.org/10.1017/S0081305200017714 text/html Onlinezugriff via DOI 1 research-article jats NATIONALLICENCE 856 40 https://doi.org/10.1017/S0081305200017714 text/html Onlinezugriff via DOI NATIONALLICENCE 700 1- King Robert P. Department of Agricultural and Applied Economics at the University of Minnesota aut NATIONALLICENCE 700 1- Black J. Roy Departments of Agricultural Economics at Michigan State University and the University of Kentucky aut NATIONALLICENCE 700 1- Benson Fred J. Departments of Agricultural Economics at Michigan State University and the University of Kentucky aut NATIONALLICENCE 700 1- Pavkov Patti A. Minnesota Extension Service, University of Minnesota aut NATIONALLICENCE 773 0- Southern Journal of Agricultural Economics Cambridge University Press 20/2(1988-12), 165-171 0081-3052 20:2<165 1988 20 AAE CC0 http://creativecommons.org/publicdomain/zero/1.0 nationallicence BK010053 XK010053 XK010000 NATIONALLICENCE NATIONALLICENCE NL-cambridge