Showing 1 - 10 of 20
This paper evaluates the consequences of considering environmental and economic risk in the analysis of cost-effective nitrogen abatement options in crop production. A farm-level mathematical programming model incorporating nitrogen leaching variability, field time variability, yield...
Persistent link: https://www.econbiz.de/10005806045
This study introduce measures of personality traits in an experiment which associate willingness to pay for food and sensory analysis tools in order to explore potential links between personality and food decisions. Measure of personality traits comes from experimental economics (risk aversion...
Persistent link: https://www.econbiz.de/10009368324
The paper presents multiple criteria approach to deal with risk in farmer’s decisions. Decision making process is organised in a framework of spreadsheet tool. It is supported by deterministic and stochastic mathematical programming techniques applying optimisation concept. Decision making...
Persistent link: https://www.econbiz.de/10009368823
European farmers face increasing income uncertainty and the debate is growing on the role of insurance schemes and of public support in this field. This debate is further stimulated by the perspective of introducing instruments to cope with risk also in the Common Agricultural Policy. Therefore,...
Persistent link: https://www.econbiz.de/10009326228
In this paper we develop a new methodological proposal to incorporate risk into a farm level Positive Mathematical Programming (PMP) model. Our model presents some innovations with respect to the previous literature and estimates simultaneously the resource shadow prices, the farm non-linear...
Persistent link: https://www.econbiz.de/10011125170
Farmers face increasing income uncertainty and the debate is growing on the role of insurance schemes and of public support in this field. This paper applies a PMP modelling approach that takes into explicit consideration risk aversion behaviour to test its applicability to evaluating the...
Persistent link: https://www.econbiz.de/10008853702
The aim of this study was to compare production and policy risk of organic, integrated and conventional cropping systems in Norway. Experimental cropping system data (1991-1999) from eastern Norway were combined with budgeted data. Empirical distributions of total farm income for different...
Persistent link: https://www.econbiz.de/10005522278
Finland. Our sector level analysis takes into account important supply-demand conditions, e.g. changes in feed crop use …, limited domestic demand, and imperfect substitution. Sector models including risk are relatively few in recent literature of … remain strong. On the other hand, if the demand is relatively inelastic, land area of some less competitive crops may clearly …
Persistent link: https://www.econbiz.de/10005460402
Suckler cow production in France relies mainly on a relatively extensive management of forage, implying that production risk may be enhanced by the sensitivity of those crops to weather variability. However risk exposure is supposed to be mitigated either through ex-ante decisions concerning...
Persistent link: https://www.econbiz.de/10004989241
Consistency of quality is important for brand loyalty and market share in consumer markets. Among consumers of beef, tenderness is the primary quality attribute. We use an experimental auction market to investigate how inconsistency in tenderness affects consumers willingness to pay (WTP) for...
Persistent link: https://www.econbiz.de/10005039040