Texas High Plains (THP) is a major cotton producing region in the US with low rainfall and decreasing irrigation water availability. Hence stochastic rainfall poses considerable production risk in the region and developing strategies to maximize the average profit and minimize the year to year...

This study contributes to the understanding of behavioural responses to climate change induced extreme weather events. It suggest a microeconometric method for measuring flooding related risk preferences of affected individuals. The method is outlined using the empirical case of agricultural...

The objective of this research is to identify factors that influence both the decision (yes or no) and level of flood insurance among coastal homeowners in the southeast U.S. Recently flood damage has dramatically increased (Flood), and Crossett et al. (2004) report that coastal populations are...