Agrobiodiversity can provide natural insurance to risk-averse farmers by reducing the variance of crop yield, and to … analyze the choice of agrobiodiversity by risk-averse farmers who have access to financial insurance, and study the … implications for agrienvironmental policy design when on-farm agrobiodiversity generates a positive risk externality. While …

competing with agricultural commodities is analysed in the light of the uncertainty in output prices and farmers` risk aversion … biodiversity production in Monts du Cantal, France. The results of simulations carried out by mathematical programming farm …-level models show that joint commodity and non-commodity production is nearly independent of the degree of farmers` risk aversion …

This paper investigates the relationship between risk aversion, crop diversification, and food security. In poor … agrarian countries, farmers’ risk aversions are inherently linked to their food security. However, there is a lack of empirical … evidence to understand the mechanism through which risk aversion operates, affecting food security. Using field experiment data …