Coping with Risk in Agriculture : Applied Decision Analysis
Book Details
Format
Paperback / Softback
ISBN-10
1780642407
ISBN-13
9781780642406
Publisher
CABI Publishing
Imprint
CABI Publishing
Country of Manufacture
MT
Country of Publication
GB
Publication Date
Apr 23rd, 2015
Print length
288 Pages
Weight
808 grams
Dimensions
24.70 x 19.30 x 1.70 cms
Ksh 8,150.00
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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.
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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