Farming is an activity which is heavily exposed to risk. Farmers have to deal daily with the change of weather, crops, and prices, resulting not only in fluctuations in income, but also in the need to incur emergency expenses. The purpose of this paper is to analyse the available catastrophic...

Climate change affects the mean and variability of weather conditions and the frequency of extreme events, which to a great extent determines the variability of production and yields. This paper reviews the scientific literature on the impacts of climate change on yield variance and investigates...

We employ a novel approach to investigate the reasons for a low demand for agricultural insurance. We confirm that farmers systematically undervalue agricultural insurance. First, we find that private transfers, mainly from family members, explain under-valuation of agricultural insurance....

In dieser Studie werden Treibhausgasemissionen (THG) aus der deutschen Agrar- und Ernährungswirtschaft analysiert und Möglichkeiten zu ihrer Reduzierung erörtert. Darüber hinaus wird die Eignung von Ökobilanzen für die Bewertung von Produktionsverfahren und Produkten untersucht. In Kapitel...

Many nonmarket valuation models, such as the Ricardian model, have been estimated using cross sectional methods with a single year of data. Although multiple years of data should increase the robustness of such methods, repeated cross sections suggest the results are not stable. We argue that...