SERGIO H. LENCE: Papers
Presented at Professional Meetings Not Published In Proceedings
Lence, S. H.
“How Large is the Competitive Edge that U.S.-Based Futures Provide to
U.S. Farmers?.” At the Annual
Meeting of Regional Committee NCT-194
on Financing Agriculture and Rural America:
Issues of Policy, Structure and Technical Change. Kansas City, MO, October 6-7, 2003.
Lence, S. H., D. J. Hayes, A. McCunn, S. Smith, and
B. Niebur. "Welfare Impacts of
Property Rights in the Seed Industry."
At the Annual Meeting of the American Agricultural Economics
Association. Montreal, Canada, July
27-30, 2003.
Lence, S. H., and D. J. Hayes. “Using Futures to Test for Unit Roots in the
Underlying Spot Prices.” At the
NCR-134 Conference: Applied Commodity Price Analysis, Forecasting, and Market
Risk Management, Saint Louis, MO, April 21-22, 2003.
Lence, S. H.
“Do Futures Benefit Farmers Who Adopt Them?” At the Annual Meeting of the American Agricultural Economics
Association. Long Beach, CA, July
28-31, 2002.
Lence, S. H., D. J. Hayes, D. Ripplinger, A. McCunn,
S. Smith, and W. Niebur. "Welfare
Impacts of Property Rights in the Corn and Soybean Seed Industry." At the Sixth International Conference
convened by ICABR (International Consortium on Agricultural Biotechnology
Research) on “Agricultural Biotechnologies: New Avenues for Production, Consumption and
Technology Transfer.” Ravello, Italy, July 11-14, 2002.
Lence, S. H., and D. J. Hayes. “Response to an Asymmetric Demand for
Attributes: An Application to the
Market for Genetically Modified Crops.” At the 5th International Conference convened by ICABR
(International Consortium on Agricultural Biotechnology Research) on “Biotechnology,
Science and Modern Agriculture: A New
Industry at the Dawn of the Century.”
Ravello, Italy, June 15-18, 2001.
Lence, S. H., and M. L. Hayenga. “On the Failure of Hedge-to-Arrive
Contracts: A Case Study in Price Analysis.” At the Annual Meeting of the American
Agricultural Economics Association.
Salt Lake City, UT, August 2-5, 1998.
Abstract published in the American
Journal of Agricultural Economics 80(1998):1190.
Lence, S. H.
“Using Threshold Autoregressions to Model Asset Pricing Under
Transaction Costs: Iowa Farmland,
1900-1994.” At the Annual Meeting of
the American Agricultural Economics Association. Toronto, Ontario, July 27-30, 1997. Abstract published in the American
Journal of Agricultural Economics 79(December 1997):1705.
Lence, S. H.
“When Should Minimum-Variance Hedge Recommendations Be Followed?” At the Annual Meeting of the American
Agricultural Economics Association. San
Antonio, TX, July 28-31, 1996. Abstract
published in the American Journal of
Agricultural Economics 78(December 1996):1404.
Lence, S. H., and D. J. Hayes. “An Empirical Comparison of Alternative Land
Allocations in the Presence of Estimation Risk.” At the Annual Meeting of the American Agricultural Economics
Association. Indianapolis, IN, August
6-9, 1995. Abstract published in the American Journal of Agricultural Economics
77(December 1995):1385.
Lence, S. H.
“On the Value of More Accurate Estimates of Minimum-Variance Hedge
Ratios.” At the Annual Meeting of the
American Agricultural Economics Association.
San Diego, CA, August 7-10, 1994.
Abstract published in the American
Journal of Agricultural Economics 76(December 1994):1266.
Lence, S. H., and D. J. Hayes. “Estimation Risk, Certainty Equivalent
Returns, and the Value of Additional Sample Information.” At the Annual Meeting of the American
Agricultural Economics Association.
Orlando, FL, August 1-4, 1993.
Abstract published in the American
Journal of Agricultural Economics 75(December 1993):1309.
Lence, S. H., and D. J. Hayes. “The Empirical Minimum Variance Hedge.” At the Annual Meeting of the American
Agricultural Economics Association.
Baltimore, MD, August 9-12, 1992.
Abstract published in the American
Journal of Agricultural Economics 74(December 1992):1289.
Lence, S. H., D. J. Hayes, and W. H. Meyers. “The Short-Run Behavior of Forward-Looking
Firms.” At the Annual Meeting of the
Southern Agricultural Economics Association.
Lexington, KY, February 2-5, 1992.
Abstract published in the Southern
Journal of Agricultural Economics 24(1992):297.