Nastis, Stefanos A.; Michailidis, Anastasios; Mattas, … - European Association of Agricultural Economists - EAAE - 2011
production function is employed and estimated to assess whether risk-averse farmers hedge risk by diversifying their portfolio of … crops. The study shows that risk aversion leads to crop biodiversity conservation. However, providing CAP financial … assistance on certain crops appears to decrease the relationship between revenue risk management and crop biodiversity …