Showing 1 - 10 of 31
to buy multiple peril crop insurance, because it significantly reduces the variability of income. The risk reduction … strongly depends on the decision maker's degree of risk aversion. Furthermore, risk free parts of the total income reduce the …
Persistent link: https://www.econbiz.de/10005806078
impact land use decisions in case of risk-averse behaviour. In this paper we assess the effect of volatile agricultural … shares negatively. Producer’s output responses, therefore, were consistently affected by risk-averse behaviour. …
Persistent link: https://www.econbiz.de/10010910889
production risk is accounted as an intra-year risk; yearly farming operations are declined according to a decision tree where … farmers that are experiencing this innovation in South-western France. The price risk is randomly distributed with a given … engagement. They also show that both a high risk aversion and a highly positive market trend tend to slow down the conversion …
Persistent link: https://www.econbiz.de/10010910914
This paper estimates optimal hedging ratios for a Finnish spring wheat producer under price and yield risk. The forward … yield volatility are estimated from the field experiment data. A range of coefficients of absolute risk aversion are used in …
Persistent link: https://www.econbiz.de/10005220487
of family farms and socialist-style farms in the presence of risk, given the typical post-socialist environment …
Persistent link: https://www.econbiz.de/10005220776
. It suggest a microeconometric method for measuring flooding related risk preferences of affected individuals. The method …-experimental approach to measure differences in the risk attitudes of farmers located in high flooding risk areas versus farmers located in … low flooding risk areas is followed. Changes in flooding risk related behaviour over time is analysed and marginal effects …
Persistent link: https://www.econbiz.de/10009326162
specialisation as the classical instruments of coping with production risk. Although the measurement of embedded risk is often …
Persistent link: https://www.econbiz.de/10009326230
intentions in the case of broiler meat. In the case of each risk products the attitude-level variables had importance in … explaining the buying intentions. The heterogeneity of the respondents regarding the purchase intentions of risk products was … analysed by latent class logistic regression that included all three risk products. About 60% of the respondents belonged to …
Persistent link: https://www.econbiz.de/10009368366
, it follows that the risk of losses for agricultural actors increases and should be backed up with the help of hedging or …
Persistent link: https://www.econbiz.de/10005801188
have been developed to hedge price risk on capital markets; however, in more recent times new financial instruments …, weather derivatives, have been developing that hedge the volumetric risk associated with unfavourable weather. Weather … derivatives have the ability to effectively hedge weather related volume risk for the agricultural, mining, energy and …
Persistent link: https://www.econbiz.de/10005801189