계약재배 안정화사업의 옵션 가치 평가

• 영문명: The Option Value of the Vegetable Price Stabilization Policy
• 발행기관: 개인저작물
• 저자명: 양승룡(Seung-Ryong Yang) 구지영(Jiyoung Ku)
• 간행물 정보: 『개인저작물 - 사회』제34권 제2호, 242~263쪽, 전체 22쪽
• 주제분류: 사회과학 > 개인저작물
• 파일형태: PDF
• 발행일자: 2007.06.01

영문 초록

Huge price variation is the most damaging risk to the vegetable farms. the Korean government has recently remodelled the vegetable price stabilization policy to make it more attractive to farmers and cost efficient. The objective of this study is to evaluate the effectiveness of the new policy mechanism and seeks ways to improve. To this end we interpret the policy as a range forward which is composed of two options and conducted the Monte Carlo simulation. The results show that the new mechanism can improve farmer`s benefit, but there still is some room for more improvement.

키워드

Vegetable Price Stabilization Policy Range Option Price Risk Monte Carlo Simulation