This paper describes farmer’s exposures to risks at the individual farm level and develops a model representing the decisions of an individual risk averse farmer facing variability in both prices and yields. A set of stylised risk market instruments is represented. The model is calibrated...

This paper describes farmer’s exposures to risks at the individual farm level and develops a model representing the decisions of an individual risk averse farmer facing variability in both prices and yields. A set of stylised risk market instruments is represented. The model is calibrated...

This paper assesses factors governing farmers’ decision to adopt adaptation/risk-mitigating strategies and evaluates the impact of adoption on crop productivity by utilizing household level data collected in 2011 from a nationally representative sample of 7842 households (11208 plots) in...

This paper contributes to literature on agricultural technology adoption by using a novel data set that combines data from two large-scale household surveys with historical rainfall data to understand the determinants and the intensity of adoption of Conservation Farming (CF)practices in Zambia....

In this paper we simulate changes in crop land allocations made by farmers in Southern Spain due to the implementation of a flat-rate subsidy. In order to reproduce farmers' decision-making process, we first group farmers by farm size into three categories and then elicit a general utility...

Paper removed at request of authors 08/03/07.

Farming and consumers` decisions are affected by markets globalizations, products differentiation, agricultural industrialization at the retail level and new organizational forms. The linkages among farmers emerge as a viable strategy to compete in this new context. Producers must develop skills...

This article analyzes the export participation of Chilean farms and the relative importance of farm-specific and geographic characteristics in this decision. An export behavior model is estimated using data on 8,284 Chilean farms and a two-stage conditional maximum likelihood procedure. Farm...

In the Czech Republic, agricultural production is still dominated by corporate farms. Private farms have been established since the change of the political regime, but their role is not that relevant as originally anticipated. Among both groups, some have been economically more successful than...

In this paper we are investigating how production risk may influence the way a risk averse producer like a subsistence farmer chooses optimal input levels. Risk averse producers will take into account both the mean and the variance of output, and therefore we expect them to choose input levels...