Coping with risk in agriculture : applied decision analysis /

• Main Authors: Hardaker, J. B., (Author), Lien, Gudbrand, (Author), Anderson, Jock R., 1941- (Author), Huirne, Ruud B. M., (Author)
• Format: eBook
• Language: English
• Published: Wallingford, Oxfordshire, UK : CABI, 2015.
• Edition: 3rd edition.
• Subjects: Farm management > Decision making.; Farm management > Risk assessment.; Agricultural Economics.; Techniques and Methodology.; Agricultural sector.; Decision analysis.; Decision making.; Farm management.; Methodology.; Models.; Production functions.; Risk analysis.
• Online Access: View fulltext via EzAccess

As with earlier editions, the aim of this book is to support better agricultural decision making by explaining what can be done nowadays in risk analysis and risk management. As before, the intended readership includes senior undergraduate or graduate students of agricultural and rural resource mana...

Table of Contents:

• Introduction to risk in agriculture
• Decision analysis: outline and basic assumptions
• Probabilities for decision analysis
• More about probabilities for decision analysis
• Attitudes to risky consequences
• Integrating beliefs and preferences for decision analysis
• Decision analysis with preferences unknown
• The state-contingent approach to decision analysis
• Risk and mathematical programming models
• Decision analysis with multiple objectives
• Risky decision making and time
• Strategies decision makers can use to manage risk
• Risk considerations in agricultural policy making.