The aim of the paper is to apply a theory of asymmetric information to managing production risk in agriculture. The … second part of the paper is devoted to the tools for reducing the information asymmetry - parametric products (weather … and adverse selection in farmers' behaviour. The article is a theoretical basis for definition of weather derivatives in …

The paper focuses on how risk management may influence the value of a company. Situation is discussed with models of … and of the decision- making rule for investments, particular states where risk management may add value are analyzed. An …