supports these assumptions. An empirical application of the arbitrage equations provides evidence that risk aversion and …

This study compares farm operators’ risk perceptions and actual realization of risk attitudes revealed through off … that risk loving farmers are more likely to employ risk management strategies. …

Mallee farmers minimize downside risk in dry seasons by applying low rates of nitrogen (N) fertiliser to their cereal … upfront at sowing. We used an economic-risk decision model to identify a range of tactical N fertilisation options that … increase net returns, while minimising risk for farmers with different risk attitudes. Importantly, we concluded that when …

of risk may be smaller due to trust in government regulation, positive perceptions of scientific discovery, and positive …

management strategies under various risk preferences and utility-weighted certainty equivalent risk premiums. Yields, input rates …, risk analysis indicates CRP would be the preferred strategy for some risk-averse managers. …

alternative risk-mitigation scenarios. Results indicate that the combination of freeze protection and crop insurance increases … expected net discounted 20-year returns while decreasing the downside risk. Break-even prices ranged from $.257 to $.289 per …