ASCOT Library Zabali Campus

1 Introduction to risk in agriculture --
2 Decision analysis: outline and basic assumptions --
3 Probabilities for decision analysis --
4 More about probabilities --
5 Attitudes to risky consequences --
6 Integrating beliefs and preferences for decision analysis --
7 Decision analysis with preferences unknown --
8 The state-contingent approach to decision analysis --
9 Risk and mathematics programming models --
10 Decision analysis with multiple objectives --
11 Risky decision making and time --
12 Strategies decision makers can use to manage risk --
13 Risk considerations in agricultural policy making.

"The purpose of this edition of the book is the same as for earlier editions. Our aim 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 management, agricultural research workers, people involved in advising farmers, such as extension workers, financial advisers and veterinarians, some farmers themselves, and policy makers.
Methods of risk analysis and management are evolving rapidly. In this third edition we have included some recent advances in both theory and methods of analysis. New material includes sections on state-contingent versus stochastic production functions and an introduction to the use of copulas for modelling stochastic dependency.
Improvements in available software continue to expand the scope to better represent and model real-world risky choices, and we have updated our advice concerning use of contemporary software.
We wish to thank Priscilla Sharland for her editorial input. Thanks are also due to Claire Parfitt, our commissioning editor, and to other staff at CABI, especially to Alexandra Lainsbury and Lauren Povey, for their professional work and encouragement in the production of this third edition."
Note
Dollar signs are used throughout to indicate money units but are not specific to any particular currency.
- J. Brian Hardaker Gudbrand Lien Jock R. Anderson Ruud B.M. Huirne