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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...
Persistent link: https://www.econbiz.de/10010910894
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...
Persistent link: https://www.econbiz.de/10009324331
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...
Persistent link: https://www.econbiz.de/10009324333
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...
Persistent link: https://www.econbiz.de/10009446194
The objective of this paper is to study the effect of agricultural policies on marketing decisions as well as the link between marketing and production decisions. We develop an analytical model to study how policies affect marketing decisions and conditions under which the two types of decisions...
Persistent link: https://www.econbiz.de/10010878776
Modern animal production has been criticised for the lack of animal-friendly production practices. The goal of this paper is to examine how animal welfare could be improved in pig fattening by providing producers with extra incentives. The focus is on three preventive and one mitigative...
Persistent link: https://www.econbiz.de/10010878778
On the example of a commercial microfinance institution (MFI) in Tanzania this paper investigates first whether agricultural firms have a different probability to get a loan and whether their loans are differently volume rationed than loans to non-agricultural firms. Second, we analyze whether...
Persistent link: https://www.econbiz.de/10010879305
Weather risk is one of the main causes for income fluctuation in agriculture. Since 1997, the economic consequences of weather risk can be insured with weather derivatives, which are offered for many different weather events, such as temperature, rainfall, snow or hurricanes. It is well known...
Persistent link: https://www.econbiz.de/10010879306
A survey among cow-calf producers was conducted during 2006 in Western Canada, to assess producers’ preferences towards participation in beef alliances. Producers’ choices were analyzed by varying the degree of vertical coordination in hypothetical lliance participation, while controlling...
Persistent link: https://www.econbiz.de/10010879307
This paper applies an integrated CGE-microsimulation model to analyse the impact of the 2006-08 increase in commodity prices on Uganda. Previous impact analysis studies suggested that the food price shock increased poverty in Uganda as there are more net food buyer than net food seller...
Persistent link: https://www.econbiz.de/10010879308