Article ID Journal Published Year Pages File Type
677169 Biomass and Bioenergy 2012 13 Pages PDF
Abstract
► We develop a stochastic budgeting model to capture uncertainty in key variables. ► Farmers with higher levels of risk aversion would be unwilling to invest in biomass crops. ► Miscanthus has a greater probability of making a profit than willow. ► Bioremediation can help to offset the impact of risk on biomass investments.
Related Topics
Physical Sciences and Engineering Chemical Engineering Process Chemistry and Technology
Authors
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