Economic risks for farmers have increased during recent years due to various factors such as more extreme climate conditions and the volatility of agricultural markets. We analysed the preferences of Finnish farmers and non-farming citizens concerning catastrophic risk management policies in...

We introduce a class of quantile-based risk measures that generalize Value at Risk (VaR) and, likewise Expected Shortfall (ES), take into account both the frequency and the severity of losses. Under VaR a single confidence level is assigned regardless of the size of potential losses. We allow...

Paper presents diverse modes of governance of chemical and biological risks in agri-food sector, assesses their efficiency, complementarities, and challenges, and suggests recommendations for public policies improvement. It defines governance as system of social order responsible for particular...

On March 11, 2011 the strongest ever recorded in Japan earthquake occurred which triggered a powerful tsunami and caused a nuclear accident in Fukushima nuclear plant. The later was a “man-made” disaster having immense impacts on people’s life, health and property, infrastructure, supply...

Public stockholding remains a major concern in multilateral negotiations on agricultural trade liberalisation. This paper focuses on identifying alternative policies to buffer stockholding. It first positions buffer stocks within the range of policies aimed at price stabilisation and food...

Operationalizing the Cartagena Protocol on Biosafety will require resolving disputes about the meaning of the term 'precautionary approach' in the treaty text. Although the terms precautionary approach and precautionary principle have been referred to in the regulation of transgenic plants for...

Blockchain technology (BCT), since its emergence touted to be disruptive, is gaining momentum especially in the agri-food system owing to its multiple benefits. In the paper, we attempted to conduct a systematic bibliometric analysis of the BCT in the agri-food system. The analysis comprises the...

Supply chain scenario planning – Coronavirus synopsis questionsSupply chain resilience, contingencies, and business continuity plansHistoric case study of high dependency on the region and the inappropriate spread of manufacturing load. Contingency planning to address business continuity...

In order to contribute to the literature on the Income Stabilisation Tool (IST), this study investigates which is the better geographical dimension of a sector-specific instrument. In particular, the study focuses on Italian farms specialised in viticulture over the period of 2011-2014,...

Among EU Member States, Italian and Polish agriculture recorded the highest number of farms with income losses, due to adverse climatic events and market related risks. In line with its primary challenge of managing risk in agriculture, the Common Agricultural Policy encourages farmers' adoption...