Although risk management in farming is a well-documented subject in scientific literature, this same literature is usually used only by other scientist and is not aiding individual farmers in their management. Risk perception and risk attitude are well described determinants of risk behaviour...

Risk considerations have become increasingly important in nowadays agriculture, due to a variety of reasons. Surprisingly, the practice of formalized risk management is not widespread despite the huge amount of scientific literature on this topic. This discrepancy between risk science and...

Modeling the farm level impact of risk management programs, policies and instruments is traditionally been done on a farm-level basis. Hence, farm simulation models typically use the behavioural assumption of profit or utility maximization is risk aversion taken into account. However, abundant...

Risk considerations have become increasingly important in nowadays agriculture, due to a variety ofreasons. Surprisingly, the practice of formalized risk management is not widespread despite the hugeamount of scientific literature on this topic. This discrepancy between risk science and...

The food industry is currently facing huge structural changes, such as growing concentration ratios and degrees of internationalization and as well as the reorganizations of food supply chains. Such developments do not only contribute to growing market risks but also require strategic...

This paper presents an analysis of food risk perceptions of German consumers over the eleven year period from 1992 to 2002. Using factor analysis, we analyse the respondents general risk attitudes and the specific perception of food safety risks. General risk attitude are described by variables...

A theoretical optimal hedging model is developed to determine potential demand from Australian farmers for a hedging tool to remove the economic consequences of climate related variability in wheat yield. In the past, financial instruments have been developed to hedge price risk on capital...

Traceability and labelling are required by European regulation for food produced from GMOs. For this regulation one of the main advantages of traceability consists in providing information that should allow the precise withdrawal of products from the production process. This paper tests this...

The agronomic characteristics of willow and miscanthus make these crops highly susceptible to risk. This is particularly true in a country such as Ireland which has limited experience in the production of these crops. Issues such as soil and climate suitability have as yet to be resolved. The...