Risk Assessment and Management
- Provided by Steve Hodges - African Agriculture Risk Management Services Within the internationally recognized field of agricultural risk assessment and management, risks can be evaluated according to three basic criteria : Impact: In other words, how severe will the risk event be if it actually...
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2013-10-20 This article challenges the long-held assumption that smallholder farmers are risk averse and delay land preparation and planting until they are assured of adequate rainfall, and that they inefficiently used the natural resources available to them. The author proposes that farming operations are...
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2014-04-20 Harry van den Burg wrote in response to theEDN 121 articleabout: …the extent to which risk aversion may have been and even is overestimated, at the expense of hunger and exhaustion, as a leading limiting factor on agricultural productivity. “Whereas I certainly think that the argument has merit…I...