Hotopp, Henning; Mußhoff, Oliver - In: International Journal of Agricultural Management 01 (2012) 4
Risk management is gaining importance in agriculture. In addition to traditional instruments, new risk management … unusual instrument at first sight. In contrast with conventional instruments, RACs intentionally allow fixed-cost â … simulation. The change in standard deviation and the value at risk (VaR) of the total gross margin (TGM) measure risk reduction …