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QUANTIFYING AND MANAGING RISK IN AGRICULTURE
1989The purpose of this paper is to review relevant portions of the risk literature and propose an agenda of applied risk research. More specifically, the paper discusses the major sources of risk in agriculture, summarizes several methods of quantifying risk, summarizes the literature on estimates of agricultural producers' risk preferences, and briefly ...
Eidman, V., Eidman, V.
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Models of Agriculture Risk Management with Agriculture Ontology
Advanced Materials Research, 2010with economic globalization and market-oriented agricultural economy, the impact factors of agricultural risks become more complicated. As a variety of factors intertwine together, the traditional Expert System is difficult to identify and manage agricultural risks, which greatly hampers the process of agricultural risk management.
Kun Zhou, Chun Nian Liu
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Risk and risk management in agriculture: an overview and empirical results
International Journal of Risk Assessment and Management, 2000The paper gives an overview of sources of risk and risk management strategies in agriculture. As risk is an inescapable fact of life, in particular in agriculture, farmers must try to manage risk effectively. Risk management is an integral part of good management of a farm, being a way to avoid losses and exploit opportunities.
Huirne, R.B.M. +3 more
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Exposure to Risk and Risk Management in Smallholder Agriculture
2015Using a moment based approach, introduced by Antle for producers’ risk behavior elicitation, we develop an empirical model to evaluate the implication of risk preferences on farm portfolio decisions. With a comprehensive household level panel data of rounds of 2004 and 2009, we estimate risk aversion behavior of farm households in uncertain climate and
Ayenew, Habtamu Yesigat +5 more
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RISK MANAGEMENT IN AGRICULTURAL MARKETS: A SURVEY
2000This paper surveys and evaluates the current state of knowledge about marketing strategies to manage price and revenue risk for farm commodities. What does existing research tell about the benefits and costs of alternative risk management strategies? What are the limitations of this research? What are the gaps in our knowledge?
Tomek, William G. +3 more
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Risk management in agriculture [PDF]
This monograph was written to be part of the series of studies commissioned by the Ministry of Agriculture under the rubric of "State of Indian Farmer - A Millennium Study". On the basis of existing literature, this study documents the status of our knowledge on risks of agriculture and their management.
Bharat Ramaswami +2 more
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Risk Management in Agriculture
2017Risk has always been part of the business of agriculture. It's an industry built on the unpredictable forces of nature. What looks like a promising crop or herd can suddenly fall victim to the weather, insects or disease. Farmers are continually developing new ways to manage risk, from the use of hardier and higher yielding crop varieties and animal ...
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Climate Risk Management in Agriculture
Ubezpieczenia w Rolnictwie - Materiały i StudiaClimate change and climate policy are the two principal sources of climate risk, which pose numerous threats to agriculture and the entire agri-food sector, while simultaneously offering developmental opportunities. Hence, there is an evident need to integrate the management of this risk as a component of a holistic system. In this context, the primary
U. C. Mohanty +4 more
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Transformation of agriculture risk management
Agricultural Finance Review, 2019Purpose The purpose of this paper is to investigate the balanced role of internal and external compliance in risk evaluation process of specialized agriculture financing. The authors examine the adaptive behavior of risk managers to determine the role of proposed transformation for risk monitoring (RM) and control process in risk mitigation and ...
Ahmad Raza Bilal +1 more
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Agricultural Risk Management and Land Tenure
2016Farmers under a sharecropping contract have been shown to exert less effort than farmers renting land due to lower incentives. They do not only choose their effort level, however, but also make investment decisions between projects of different risk-return profiles. We develop a small theoretical model that integrates the effort effect of sharecropping
Kalkuhl, Matthias +2 more
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