In rural economies with missing or incomplete markets, idiosyncratic risk is frequently pooled through informal … institution can sustain risk pooling in a social dilemma with idiosyncratic risk. We test whether risk can be pooled without a … commitment device and, separately, whether effective risk pooling induces greater cooperation in the social dilemma. We find that …

. 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 …

Risk plays an important role in agricultural decision-making, particularly in those regions that are remarkably exposed … conditions, risk attitudes and risk management techniques with respect to the requirements of a functioning crop insurance system …Risiko spielt eine wichtige Rolle im Entscheidungsprozess landwirtschaftlicher Unternehmer, insbesondere in Regionen …

In diesem Beitrag werden zwei Modellansätze zur Integration von Risiko in die Data Envelopment Analyse (DEA … angewendet. Beide Ansätze bilden das Risiko des Gesamtbetriebs in Form der Schwankungen des betrieblichen Gesamtdeckungsbeitrags … der Ergebnisse mit denen eines Standard-DEA-Modells wird gezeigt, dass die Berücksichtigung von Risiko zu veränderten …

Previous results on nonlinear risk-return associations, predicted by prospect theory, are replicated with mean … quadratic differences instead of variance as a measure of risk. In contrast to assumptions of these studies, results with a …, which are represented here through levels of minimal risk. Further, changes of environmental conditions as an alternative …

uncertainty and risk as a result of the permanent process of transforming the economy, and as a consequence of carrying out the …