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applications of risk and stochastic programming models focus on the optimisation of production planning, while literature on the … paper is to analyse the effects of different risk management instruments on the certainty equivalent of case study farms in … three different regions. Specifically, the applied Expected Utility Model analyses on-farm risk management instruments and …
Persistent link: https://www.econbiz.de/10009442556
Agricultural insurance in Ukraine is mostly offered on the basis of traditional products includingPMCI, named perils and single peril coverage. The index concept was introduced in 2001 thoughuntil 2005 the insurance companies provided index crop insurance through area-based yield indexprogram....
Persistent link: https://www.econbiz.de/10009445049
to buy multiple peril crop insurance, because it significantly reduces the variability of income. The risk reduction … strongly depends on the decision maker's degree of risk aversion. Furthermore, risk free parts of the total income reduce the …
Persistent link: https://www.econbiz.de/10009443846
financial situation of individual farm businesses and households, sources of risk in farm returns, and production practices that …
Persistent link: https://www.econbiz.de/10009442508
This paper presents the preliminary results of one case study from a longitudinal research project. The purpose was to develop a theoretical framework to explain the dynamic development of market-oriented cooperatives within the fruit industry in the Mekong Delta based on empirical data...
Persistent link: https://www.econbiz.de/10009448457
Until recently, it is hard to find studies to estimate how much the total economic losses for U.S. or other states by the BSE incidents except one dominant study by Devadoss et al (2005), which used CGE (Computable Generalized Equations) model for U.S. However, they are not reporting the direct...
Persistent link: https://www.econbiz.de/10009443483
The Common Agricultural Policy (CAP) was founded in the 1950s with price support as the main policy instrument. Despite massive criticism from both within and outside the EU, price support remains the backbone of the CAP. This paper argues that the choice of price support was logical viewed in...
Persistent link: https://www.econbiz.de/10009443839
Various forms of revenue insurance have been applied in Canada and in the US with relative success. In this paper different combinations of traditional agricultural policies and revenue and yield insurance are analysed for the Spanish olive oil sector. Taking a database containing about half...
Persistent link: https://www.econbiz.de/10009443844
interaction the trusting agent, in order to analyse the Risk, has to consider the possible likelihood of failure of the … from a set of probable trusted agents. In this paper, we propose a fuzzy risk based decision making system that would …
Persistent link: https://www.econbiz.de/10009434916
The trusting peer in order to determine the likelihood of the loss in its resources might analyze the Risk before … engaging in an interaction with any trusted peer. This likelihood of the loss in the resources is termed as Risk in the … interaction. Risk analysis is important in e-commerce transactions because of the vast literature that argues that the decision to …
Persistent link: https://www.econbiz.de/10009434919