Michels, Marius; Wever, Hendrik; Ölkers, Tim; Rieling, … - In: Canadian Journal of Agricultural Economics/Revue … 73 (2025) 3, pp. 292-308
This study develops a comprehensive typology of farmers' risk management strategies, simultaneously considering both market‐based (e.g., insurance) and on‐farm instruments (e.g., high equity ratios). Using Partitioning Around Medoids (PAM) clustering on data collected from 228 German farmers...