Coping with Risk in Agriculture - pr_69740

Coping with Risk in Agriculture

Applied Decision Analysis

By J Brian Hardaker, Ruud B M Huirne, Jock R Anderson, Gudbrand Lien

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Risk and uncertainty are inescapable factors in agriculture which require careful management. Farmers face production risks from the weather, crop and livestock performance, and pests and diseases, as well as institutional, personal and business risks. This revised third edition of the popular textbook includes updated chapters on theory and methods and contains a new chapter discussing the state-contingent approach to the analysis of production and the use of copulas to better model stochastic dependency. Aiming to introduce agricultural decision making, probability and risk preference, this book is an indispensable guide for students and researchers of agriculture and agribusiness management.

Product code: 9781780642406

ISBN 9781780642406
Dimensions H246xW189xS16
On Sale Date 23/04/2015
No. of pages 288
Publisher CABI Publishing
Edition 3rd edition
Farmers face risks from the weather, crop and livestock performance, pests and diseases, as well as institutional, personal and business risks. This book includes updated chapters on theory and methods and a new chapter on the state-contingent approach to the analysis of production and the use of copulas to better model stochastic dependency.