Search Results - subject:"Embedded risk"

Are we risking too much? Perspectives on risk in farm modelling

Pannell, David J.; Malcolm, Bill; Kingwell, Ross S. - In: Agricultural Economics of Agricultural Economists 23 (2000) 1

Risk and uncertainty have been extensively studied by agricultural economists. In this paper we question (a) the predominant use of static frameworks to formally analyse risk; (b) the predominant focus on risk aversion as the motivation for considering risk and (c) the notion that explicitly...

Persistent link: https://www.econbiz.de/10011069281

Modelling embedded risk in peasant agriculture: methodological insights from northern Malawi

Dorward, Andrew - In: Agricultural Economics of Agricultural Economists 21 (1999) 2

farmhousehold models may need to allow for embedded risk are investigated. Tactical, sequential responses to uncertainty are found …-sequential programming, discrete stochastic programming (DSP) provided more efficient solutions for problems involving embedded risk. There …

Persistent link: https://www.econbiz.de/10011069192