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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J. Brian Hardaker teaches at the University of New England, Australia.
Ruud B. M. Huirne teaches at Wageningen University, The Netherlands.
Jock R. Anderson is a consultant in the US.
Gudbrand Lien is a professor in business economics at Inland School of Business and Social Sciences, Inland Norway University of Applied Sciences in Lillehammer (in Norway) and senior researcher within agricultural economics at Norwegian Institute of Bioeconomy Research (NIBIO) at Ås (in Norway). Gudbrand has a dr. oecon (PhD) degree (within finance) from Norwegian School of Economics (NHH). His main field of research has been within risk analysis/decision analysis, agricultural economics, energy finance, energy economics, forest economics, dynamic pricing and quantitative innovation studies. He has published about 100 articles in high ranked refereed international journals. Gudbrand is also co-author (joint with J. Brian Hardaker, Jock. R. Anderson and Ruud B.M. Huirne) of the 2nd and 3rd edition of text book "Coping with risk in agriculture", both published at Cabi. Gudbrand has worked closely together with Professor J. Brian Hardaker for more than 20 years, and they have 24 scientific papers together. He has also worked together with Distinguished Professor Subal C. Kumbhakar in the past 15 years and they have written almost 20 scientific papers together. He is a Board Member of Energies since 2019 and European Review of Agricultural Economics from 2022.
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Paperback. Zustand: new. 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. 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. Shipping may be from multiple locations in the US or from the UK, depending on stock availability. Bestandsnummer des Verkäufers 9781780642406
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