Coping with Risk in Agriculture: Applied Decision Analysis (Paperback) (ISBN-13: 9781780642406)

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.

Author: J. Brian Hardaker,Ruud B. M. Huirne,Jock R. Anderson
ISBN-10: 1780642407
ISBN-13: 9781780642406
Publisher: Cab International
Language: English
Published: 04/23/2015
Pages: 288
Format: Paperback
Weight: 1.75lbs
Size: 9.60h x 7.50w x 0.70d