Agriculture is one of the sectors most exposed to a plethora of risky phenomena such as weather, pests and diseases, changes in prices and government policies, instability of global markets. We review the literature on risk management (RM) in agriculture focusing on five key issues: i) why...

Consumers’ food choices often deviate from rationality. This paper explores whether deviations from rationality impact home-grown values elicited using either bid- or choice-based value elicitation techniques. The paper focuses on second-price Vickrey auctions and discrete choice experiments,...

The study of climate change perceptions of people Many studies in psychology suggest that laypeople perceive climate change as a moderate risk. While the climate changes were described as an abstract phenomenon in previous investigations, here we describe climate change as the source of a...

Cooperation amongst natural resource users is key to sustainably managing ecosystems. This paper focuses on the impact that livestock farming can have on the quality of a water body and investigates farmers’ willingness to cooperate to maintain a given quality level under two different sources...