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Coping With Risk in Agriculture: Applied Decision Analysis
J. Brian Hardaker
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Description for Coping With Risk in Agriculture: Applied Decision Analysis
Paperback. .
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.
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 Details
Publisher
CABI Publishing
Format
Paperback
Publication date
2015
Condition
New
Number of Pages
288
Place of Publication
Wallingford, United Kingdom
ISBN
9781780642406
SKU
V9781780642406
Shipping Time
Usually ships in 4 to 8 working days
Ref
99-2
About J. Brian Hardaker
J. Brian Hardaker teaches at the University of New England, Australia. Gudbrand Lien is with Lillehammer University College, Norway. Jock R. Anderson is a consultant in the US. Ruud B. M. Huirne teaches at Wageningen University, The Netherlands.
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