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Nærmere omtale
The main research objective of the programme is to increase the knowledge about risk and risk management within agricultural and aquaculture production and marketing. Focus will be on risk facing the farmers as well as risk as an externality (e.g. environmental and food safety aspects).
Sub-goals:
- A better understanding of risk exposure and risk management strategies in agriculture and aquaculture through quantitative and qualitative analysis and comparison of risk of agricultural versus aquaculture producers.
- Explore and develop methods for risk management adapted distinctive characteristics and regulation regimes in agriculture and aquaculture, respectively. This objective includes both within-firm risk management as well as exploiting more fully the markets for risk such as insurance and commodity derivative markets.
Publisering
Hardaker, J.B., Lien, G., 2003. Stochastic efficiency analysis with risk aversion bounds - a simplified approach. NILF-notat 2003-15.
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