A Comprehensive Assessment of the Role of Risk in U.S. Agriculture
After all the research on agricultural risk to date, the treatment of risk in agricultural research is far from harmonious. Many competing risk models have been proposed. Some new methodologies are largely untested. Some of the leading empirical methodolo
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NATURAL RESOURCE MANAGEMENT AND POLICY Editors: Ariel Dinar Rural Development Department The World Bank 1818 H Street, NW Washington, DC 20433
David Zilberman Dept. of Agricultural and Resource Economics Univ. of California, Berkeley Berkeley, CA 94720
EDITORIAL STATEMENT There is a growing awareness to the role that natural resources such as water, land, forests and environmental amenities play in our lives. There are many competing uses for natural resources, and society is challenged to manage them for improving social well being. Furthermore, there may be dire consequences to natural resources mismanagement. Renewable resources such as water, land and the environment are linked, and decisions made with regard to one may affect the others. Policy and management of natural resources now require interdisciplinary approach including natural and social sciences to correctly address our society preferences. This series provides a collection of works containing most recent findings on economics, management and policy of renewable biological resources such as water, land, crop protection, sustainable agriculture, technology, and environmental health. It incorporates modern thinking and techniques of economics and management. Books in this series will incorporate knowledge and models of natural phenomena with economics and managerial decision frameworks to assess alternative options for managing natural resources and environment. Agricultural producers are exposed to risk, both in terms of crop prices and crop yields, as a result of changing global institutions and global environment. Although agricultural policies in the U.S. and elsewhere shift continuously from income-support to risk-related help, the treatment of agricultural risk is not satisfactory at all. This book defines and critically evaluates the current state of the literature on economic risk in agriculture. The book sets a research agenda that is expected to meet future needs and prospects on agricultural production risk. The Series Editors Recently Published Books in the Series Casey, Frank, Schmitz, Andrew, Swinton, Scott, and Zilberman, David:
Flexible Incentives for the Adoption of Environmental Technologies in Agriculture Feitelson, Bran and Haddad, Marwan
Management of Shared Groundwater Resources: the Israeli-Palestinian Case with an International Perspective Wolf, Steven and Zilberman, David
Knowledge Generation and Technical Change: Institutional Innovation in Agriculture Moss, Charles B., Rausser, Gordon C., Schmitz, Andrew, Taylor, Timothy G., and Zilberman, David
Agricultural Globalization, Trade, and the Environment Haddadin, Munther J. Diplomacy on the Jordan: International Conflict and Negotiated Resolution Renzetti, Steven
The Economics of Water Demands
A COMPREHENSIVE ASSESSMENT OF THE ROLE OF RISK IN U.S. AGRICULTURE
edited by
Richard E. Just University of Maryland, College Park and
Rulon D. Pope Brigham Young University
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SPRINGER SCIENCE+BUSINESS MEDIA, LLC
ISBN 978-1-4419-4924-0
ISBN 978-1-4757-3583-3 (eBook)
