15
Table 7. Probability Density Function of Net Revenue Under Alternative
Risk Management Mechanisms
|
Net Revenue |
NMR |
NHR1 |
NHR2 |
NHR3 |
NRDL |
NRA |
|
<45 |
22 |
0.1 |
LÔ |
18 |
0.0 |
0.0 |
|
45-70 |
7.5 |
1.0 |
4.0 |
6.2 |
0.2 |
7.7 |
|
70-95 |
14.5 |
6.9 |
12.7 |
14.3 |
2.1 |
16.5 |
|
95-120 |
18.9 |
25.1 |
21.2 |
20.1 |
9.1 |
19.0 |
|
120-145 |
18.6 |
34.2 |
24.4 |
20.3 |
18.9 |
18.6 |
|
145-170 |
15.0 |
21.4 |
17.5 |
15.3 |
23.8 |
15.0 |
|
170-195 |
10.7 |
8.2 |
10.9 |
10.7 |
20.3 |
10.7 |
|
195-220 |
6.0 |
2.4 |
4.9 |
5.8 |
13.3 |
6.0 |
|
220-245 |
3.4 |
0.6 |
2.0 |
3.0 |
7.2 |
3.4 |
|
>245 |
3.2 |
0.3 |
1.3 |
2.5 |
5.1 |
3.2 |
|
— 100% |
— 100% |
— 100% |
— 100% |
— 100% |
— 100% | |
|
Mean($) |
134.14 |
134.16 |
134.15 |
134.16 |
169.53 |
135.50 |
|
Variance |
2854 |
913 |
1835 |
2528 |
1882 |
2639 |
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