Name Institution Email
Joseph Atwood Montana State U. jatwood@montana.edu
Jason Albright RMA, USDA jason.albright@rma.usda.gov
Richard Anderson RMA, USDA richard.anderson@rma.usda.gov
Barry Barnett U. of Georgia barnett6@uga.edu
Keith Coble Mississippi State U. coble@agecon.msstate.edu
Scott Fausti South Dakota State U. scott.fausti@sdstate.edu
Carl Galopin RMA, USDA carl.galopin@rma.usda.gov
Ardian Harri Mississippi State U. Harri@agecon.msstate.edu
Gregg Ibendahl Mississippi State U. ibendahl@agecon.mstate.edu
David Just Cornell U. drj3@cornell.edu
Barrett Kirwan U. of Maryland bkirwan@umd.edu
James Larson U. of Tennessee jlarson2@utk.edu
Ruben Lubowski ERS, USDA rlubowski@ere.ers.gov
Dan McLemore U. of Tennessee dmclemor@utk.edu
Matt Kamphoefner RMA, USDA matt.kampheofner@rma.usd.agov
Corey Miller Mississippi State U. miller@agecon.msstate.edu
Gabrial Power Cornell U. gp66@cornnell.edu
Brain Roe Ohio State U. roe.30@osu.edu
Gary Schnitkey U. of Illinois schnitke@uiuc.edu
Jesse Tack U of Calif, Berkeley tack@are.berkely.edu
Bob Taylor Auburn U. taylocr@auburn.edu
Cal Turvey Cornell U. cgt6@cornell.edu
Al Umapov U. of Illinois umapov@uiuc.edu
Oscar Vergara Air Worldwide overgara@air-worldwide.edu
Holly Wang Washington State U. wanghong@wsu.edu
David Zilberman U. of Calif, Berkeley zilber@are.bekeley.edu
March 18,2006
Myrtle Beach, SC
2005-06 Committee Officers:
Committee Chair: Gary Schnitkey, University of Illinois
Program Chair: David Just, Cornell University
Incoming Program Chair: Holly Wang, Washington State University
Administrative Advisor: Dan McLemore, University of Tennessee
Dan McLemore, the committees administrative advisor, provided a brief report. He indicated that the exchange of ideas at the meeting had a large value.
Discussion ensued concerning the prospects for putting a book together from papers presented at the meeting. David Zilberman suggested that a book would have high value and it would be possible to find a publisher.
This years meetings were held in the Sands Resort Hotel in Myrtle Beach, South Carolina. The registration fee was $25 per person. Participants indicated they were willing to pay a higher registration fee.
Discussion ensued about the location for next years meeting. The location of next years meeting will be determined by David Just. Possibilities include Gulf Shores, Alabama; Jekyll Island, Georgia; Galveston Texas; and Tampa, Florida.
David Just will serve as committee chair for next year. Holly Wang will serve as program chair for next years meeting.
Scott Fausti will place proceedings papers from this years meeting on AGECON SEARCH.
Meeting adjourned.
Date Submitted: May 18, 2006
The SCC-76 annual meeting on the economics and management of risk in agricultural and natural resources was held at Myrtle Beach, SC. The goal of the program was to facilitate discussion of ongoing research activities related to risk in agricultural and natural resources decision-making. The program consisted of 14 presentations. After each presentation, ample time was allowed for discussion and feedback from meeting participants. David Just organized a comprehensive program with speakers covering work on topics dealing with insurance product evaluation, hedging, forward contracting, the use of options in agriculture, evaluating risk behavior of individuals, economics of government support programs and ag environmental issues, and measuring issues associated with crop revenue and yield distributions. Presentations were as follows:
Impacts of the Rules for Calculating APH on the Performance of APH Insurance - Alisher Umarov, Bruce Sherrick, and Gary Schnitkey.
Investigating the Feasibility of Insuring an Uninsured Crop With No Objective Loss Data - Keith H. Coble, J. Corey Miller, Saleem Shaik, Terry Hanson, and Steve Sempier.
Adversity and the Propensity to Fail: The Impact of Disaster payments and Multiple Peril Crop Insurance on U.S. Farm Failure Rates - Barrett E. Kirwan.
Extent, Location, and Characteristics of Land Cropped Due to Insurance Subsidies - Ruben Lubowski, Roger Claassen, and Michael Roberts.
On Comparing Apples and Oranges: A Unit-Invariant Price Risk Aversion Measure for Comparative Analysis - Marc F. Bellemare.
Group Decision Making Under Risk - Micheal P. Brady, Brian Roe, and Steven Y. Wu.
Marketing as Risk Management - David Zilberman.
Investigating the Effects of Risk and Uncertainty Aversion in Agricultural Production Decisions An Illustration Example of Agricultural Biotechnology Adoption - Hung-Hao Chang and Juan Carlos Chavez.
Calibrating Wealth Effects and Decoupled Payments - David R. Just.
Using Satellite-Based and/or Weather Station Information to Construct Smaller than County Sized Area Insurance Instruments - Joe Atwood.
Normality Testing: R-test revisited - Ardian Harri and Keith H. Coble.
Understanding Human Response to Economic Risk: An Overview of a Multidisciplinary Research Plan Involving Neuroscience, Genetics and Endocrinology - Brian Row, Tim Haab, David Beversdorf, and Howard Gu.
Market Distortions in the Voluntary Price Reporting System for Live Cattle: Theory and Evidence from South Dakota - Scott Fausti.
Who Pays for Sudden Oak Death? An Econometric Investigation of an Emerging Pathogen on California Nurseries - Jesse Tack and Alix Peterson Zwane.
The 2006 annual meeting marks the 31st consecutive year that this regional risk group has existed in various forms (S-70, S-232, W-149, S-180, SERA-IEG 31, IEG-76). The annual meeting attendance was 26. This is consistent with attendance in recent years (last years attendance was 25). Attendees indicated that the meeting provides them a chance to interact with other researchers, extension specialists, and government personnel and gain insights on research efforts, problems of interest in risk and uncertainty, and opportunities for collaboration. Papers presented at 2006 meeting will be posted on AgEcon Search.