This article is concerned with the management of water resources in the region of Western Macedonia. Taking into account the great importance of agriculture as the principal consumer of water in the region, as well as the drastic increase in regional water consumption over the last decade, a...

This paper analyzes the impact of CAP financial assistance on crop biodiversity under uncertainty. A stochastic production function is employed and estimated to assess whether risk-averse farmers hedge risk by diversifying their portfolio of crops, thus increasing crop biodiversity. The model is...