The entropic value of the production risk is closely linked to the farmer's aversion to this type of risk. Since risk … covering the production risk through adequate financial resources. The classification of the Selyaninov index value as measure … of the production risk based on the MaxEnt model utilization makes it possible to evaluate the production risk and the …

We study the impact of incomplete consumption risk-sharing on land misallocation in rural economies. We develop a … shocks and insure themselves by participating in a risk-sharing arrangement. Incomplete insurance distorts households … panel data from rural India, we quantify the losses attributable to limited risk-sharing. Completing insurance markets leads …

Machine generated contents note: I -- I -- PART I -- BEHAVIOR UNDER RISK: GENERAL CONCEPTS AND -- THEIR SIGNIFICANCE …-Expected Utility: What Do the Anomalies Mean for 21 -- Risk in Agriculture? -- David E. Buschena -- 3 Ordering Risky Choices41 … Risk Behavior -- Richard E. Just and Gordon C. Rausser -- 5 Information, Processing Capacity, and81 -- Judgment Bias in …

After all the research on agricultural risk to date, the treatment of risk in agricultural research is far from … harmonious. Many competing risk models have been proposed. Some new methodologies are largely untested. Some of the leading … empirical methodologies in agricultural economic research are poorly suited for problems with aggregate data where risk averse …