applications of risk and stochastic programming models focus on the optimisation of production planning, while literature on the … paper is to analyse the effects of different risk management instruments on the certainty equivalent of case study farms in … three different regions. Specifically, the applied Expected Utility Model analyses on-farm risk management instruments and …

depend on farmers’ socio-economic characteristics such as wealth, while individual risk preferences seem to be less important …

risk decreasing., and hence, insurance premiums for US corn growers who plant approved hybrids have been reduced. In this … of GM traits is likely to affect production variability and downside risk. We estimate a heteroskedastic production … most combinations of GM traits leads to an increase in both yield variability and downside risk. …

Fieldwork for this paper was conducted under the Pastoral Risk Management (PARIMA) project of the Global Livestock … on Risk and Development (through a grant from the John D. and Catherine T. MacArthur Foundation), The Pew Charitable …

decisions of an individual risk averse farmer facing variability in both prices and yields. A set of stylised risk market … between government payments and the farmers’ use of risk market instruments in terms of the potential crowding out of such … of production and the use of risk market instruments that are endogenous. Single farm payment mitigates farmer’s efforts …

land, differentiates their risk response. The decision maker's risk preference not only affects the type of agricultural … force, the combination of production activities with a higher level of expected income/risk would be selected if the … latter has a much higher opportunity cost. For those combinations with a lower risk level, diversification might reduce risks …

This paper addresses the question of summer cover crop adoption by farmers in presence of a risk of yield loss due to … systems are BS (WV) when the take-all risk is (not) taken into account by agents. We then compute the minimum payment to each …

Risk management strategies are of increasing importance in agriculture. An important question is, what type of risk … comparisons and logistic regressions results show that more intensively producing farms tend to suffer more from price risk, while …