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Agricultural income volatility has become a major hurdle for Irish farmers and policymakers to overcome in their drive to increase investment, production and ultimately income in the sector. This paper studies data from 927 farms in the Teagasc National Farm Survey between 2005 and 2013, the...
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This paper analyses the impact of the Common Agricultural Policy arable crop regime on farm investment and output, introducing explicitly farmers' risk attitudes into a dynamic dual model of farm decision-making. Estimation and simulation results are based on a Farm Accounting Data Network...
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FOR AGRICULTURE -- 1 Expected Utility as a Paradigm for Decision Making in Agriculture 3 -- Jack Meyer -- 2 Non …-Expected Utility: What Do the Anomalies Mean for 21 -- Risk in Agriculture? -- David E. Buschena -- 3 Ordering Risky Choices41 … Risk Assessment -- David R. Just -- PART II -- CONCEPTUAL ADAPTATIONS OF RISK MODELS FOR AGRICULTURE -- 6 Dual Approaches …
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Under the current version of the Common Agricultural Policy (CAP), payments to EU farmers are decoupled from the production of agricultural commodities. In fact, farmers qualify for CAP support as soon as their land is maintained in good agricultural and environmental condition.In this paper, we...
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