Purpose: This paper aims to explore drivers of the effectiveness of risk assessments in risk workshops. Design …/methodology/approach: This study uses an agent-based model to simulate risk assessments in risk workshops. Combining the notions of transactive … memory and the ideal speech situation, this study establishes a risk assessment benchmark and then investigates real …

Important sources of risk in agriculture are yield and price fluctuations caused by unpredictable and uncontrollable … these events could affect farmers’ risk aversion in decision making and justify their preferences for risk minimizing and … of polynomials and exponential (or “polynex”) functions to simulate risk aversion for specific traits of the E-V frontier …