Cultivar Diversity: A Neglected Risk Management Strategy

Risk reduction through diversification across cultivars is evaluated. A case study of peach growers in California shows that cultivar diversity reduces both yield and revenue variability. As a result, the probability of falling below minimum income requirements set using a safety-first model is reduced using this strategy.

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Year of publication:	2003
Authors:	Tadesse, Dawit ; Blank, Steven C.
Published in:	Journal of Agricultural and Resource Economics. - Western Agricultural Economics Association - WAEA. - Vol. 28.2003, 02
Publisher:	Western Agricultural Economics Association - WAEA
Subject:	cultivar \| diversification \| peaches \| risk management \| safety first \| Risk and Uncertainty

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Extent:	application/pdf
Type of publication:	Article
Source:	RePEc - Research Papers in Economics

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