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We study the role of bush encroachment control for a farmer's income and income risk in a stochastic ecological-economic model of grazing management in semi-arid rangelands. In particular, we study debushing as an instrument of risk management that complements the choice of an adaptive grazing...
Persistent link: https://www.econbiz.de/10008760545
farmers in semi-arid rangelands of Namibia, a system that features risks on various space and time scales. Here we present a …
Persistent link: https://www.econbiz.de/10014203826
; Namibia ; grazing management ; risk ; sustainability ; weather-based derivatives …
Persistent link: https://www.econbiz.de/10003921518
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
Commercial cattle farming in Namibia, a prime example of livestock farming in semi-arid rangelands, is subject to a …Commercial cattle farming in Namibia, a prime example of livestock farming in semi-arid rangelands, is subject to a … characterization of this system in respect to risk, management and sustainability. -- cattle farming ; semi-arid rangelands ; Namibia …
Persistent link: https://www.econbiz.de/10009583163
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
We study optimal adaptive grazing management under uncertain rainfall in a discrete-time model. As in each year actual rainfall can be observed during the short rainy season, and grazing management can be adapted accordingly for the growing season, the closed-loop solution of the stochastic...
Persistent link: https://www.econbiz.de/10010281758
commercial cattle farming in semi-arid rangelands in Namibia. Cattle farmers in Namibia act within a coupled ecological …
Persistent link: https://www.econbiz.de/10010381405
We study risk preferences and their determinants for commercial cattle farmers in Namibia who are subject to high …
Persistent link: https://www.econbiz.de/10014179170
We study risk preferences and their determinants for commercial cattle farmers in Namibia who are subject to high and …
Persistent link: https://www.econbiz.de/10010281769