There is growing concern about the impact of climate change on agriculture and the potential need for better risk management instruments that respond to a more risky environment. This is based on the widespread assumption that climate change will increase weather and yield variability and will...

This paper analyzes the effectiveness and efficiency of farm income stabilization program such as AgiStability in Canada. This program intends to mitigate farm income fluctuations, which is seemingly more neutral to the farming decision than the payments that are countercyclical with price or...

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 analyzes the effectiveness and efficiency of farm income stabilization program such as AgiStability in Canada. This program intends to mitigate farm income fluctuations, which is seemingly more neutral to the farming decision than the payments that are countercyclical with price or...

This paper develops an analytical model able to represent the decisions of an individual risk averse farmer facing variability in both prices and yields. A comprehensive set of stylised risk reducing policy measures is represented. A calibration of the model is used to run Monte-Carlo...

Este trabajo identifica los principales retos y lineas directrices de las politicas gubernamentales en el campo de la gestion de riesgos en la agricultura, con particular enfasis en las buenas practicas politicas en un entorno internacional, Se desarrollan cuatro ideas principales. Primera, una...

Plenary presentation from 123rd EAAE Seminar, 23-24 February, Dublin, Ireland

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...

High risk is inherent to agriculture in Turkmenistan, a post-socialist desert country where the political uncertainties of transition exacerbate natural unpredictability. This study examines risk coping strategies of Turkmen farmers based on a survey of 1100 respondents carried out in 2002 in...