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. Characteristics required for an insurable risk are discussed, as are the interactions between public and private risk-management tools. …
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, a more sophisticated understanding of risk and risk management is important to help producers make better decisions in … risky situations and to assist policymakers in assessing the effectiveness of different types of risk protection tools. In … response, this report provides a rigorous, yet accessible, description of risk and risk management tools and strategies at the …
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designs. The results compare alternative designs in terms of rate levels and risk reduction gains for representative …
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This article examines farmers’ preferences for various risk management information sources. Our results suggest that … information from risk management experts, in-depth materials studied on their own, and popular press outlets tend to be preferred … for a particular risk management information source, we find that younger farmers with college education, higher leverage …
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Risk management education has been a focus of U.S. farm policy since 1996. In support of significant ongoing United … financial management. The study results should be useful in determining appropriate risk management education program content …
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forward pricing are commonly used concurrently to manage crop revenue risk, the optimal combinations of these tools are … ratio which maximizes the certainty equivalent of a risk averse producer. The results generally reveal a lower optimal hedge … ratio with area-insurance than with individual insurance and show that STAX and ARC tend to slightly increase optimal hedge …
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