TEACHING AGRICULTURAL PRODUCERS TO CONSIDER RISK IN DECISION MAKING

No hay miniatura disponible

Fecha

Autores

Título de la revista

ISSN de la revista

Título del volumen

Editor

Resumen

Descripción

The 1996 FAIR Act has emphasized the importance of teaching agricultural producers to understand and respond rationally to risk. The following are guidelines for considering risk: (1) analyze decisions using a payoff matrix, (2) estimate the probabilities of events, (3) consider individual attitudes about taking risks, and (4) adopt management strategies to control risk. Much still remains to be learned about how to teach risk management.

Palabras clave

Citación

URI

http://hdl.handle.net/123456789/539418

Ver documento

https://ageconsearch.umn.edu/record/23996/files/fp97-17.pdf

Colecciones

University of Minnesota