Risk attitude, risk perceptions and risk management strategies : an empirical analysis of Syrian wheat-cotton and pistachio farmers

The agricultural sector is characterized by higher exposure to a variety of risks compared to the other economic sectors. Agricultural risks include production, market, credit, technological, institutional and human resource risks. Moreover, the agricultural risk environment is changing with high frequency and severity due to climate change and market liberalization. Insecurity about water and food supply has rapidly increased corresponding to the change in agricultural risk environment, and this requires a continuous improvement of risk management instruments for sustainable economic devel...