de Mey, Yann; Wauters, Erwin; van Winsen, Frankwin; … - European Association of Agricultural Economists - EAAE - 2012
Modeling the farm level impact of risk management programs, policies and instruments is traditionally been done on a farm-level basis. Hence, farm simulation models typically use the behavioural assumption of profit or utility maximization is risk aversion taken into account. However, abundant...