Description

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.

Coping with Risk in Agriculture: Applied Decision Analysis

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£93.80

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Hardback by J Brian Hardaker , Ruud B M Huirne

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Short Description:

Risk and uncertainty are inescapable factors in agriculture which require careful management. Farmers face production risks from the weather, crop... Read more

    Publisher: CABI Publishing
    Publication Date: 23/04/2015
    ISBN13: 9781780645742, 978-1780645742
    ISBN10: 1780645740

    Number of Pages: 288

    Non Fiction , Business, Finance & Law

    Description

    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.

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