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Persistent link: https://www.econbiz.de/10008908100
Commercial cattle farming in Namibia, a prime example of livestock farming in semi-arid rangelands, is subject to a variety of risks, predominant among which is precipitation risk. At the same time it suffers from rangeland degradation that is at least partly due to inadequate management. We...
Persistent link: https://www.econbiz.de/10009583163
Rain-index insurance is strongly advocated in many parts of the developing world to help farmers coping with climatic risk that prevails in (semi-)arid rangelands due to low and highly uncertain rainfall. We present a modeling analysis of how the availability of rain-index insurance affects the...
Persistent link: https://www.econbiz.de/10014201337
Studying the sustainable use of ecosystem services under uncertainty requires the consideration of the stochastic dynamics of the system under study, risk and time preferences, risk management strategies and normative views pertaining to sustainability. To gather this information for an...
Persistent link: https://www.econbiz.de/10014203826
Commercial cattle farming in semi-arid regions is subject to high rainfall risk. At the same time, it is prone to rangeland degradation. Theoretical works suggest that rainfall risk management by means of financial instruments may stabilize farming-derived income over the short-term, but...
Persistent link: https://www.econbiz.de/10014166060