manage drought risk: weather index insurance and a recently released drought-tolerant rice variety. We illustrate how these … tools can independently address drought risk and demonstrate the potential for these tools to be combined in a complementary … risk management product. Using a discrete choice experiment, we assess farmers’ preferences for these two tools …

to consider the use of benefits analysis in decision making, fourth we argue for the use of probabilistic risk …

diversify their income portfolio and buffer against risk. Such a risk management strategy may become more challenging as global …

lack access to both modern instruments of risk management—such as agricultural insurance, futures contracts, or guarantee … funds—and ex post emergency government assistance. Such farmers rely on different “traditional” coping strategies and risk …. One consequence of inadequate overall financial risk management is that farmers in general face constrained access to …

farm households are therefore made within environments that are affected by risk. Because of poorly developed or absent … involve risk. Better understanding risk behavior will be essential for identifying appropriate farm-level strategies for … adaptation to climate change by low-income farmers. Despite risk's potentially central role in farm investment decisions, there …