Risks in agriculture and their assessment methods
2012
Girdziute, L., Aleksandras Stulginskis Univ., Akademija, Kauno reg. (Lithuania)
Agriculture is a unique sector, because it is associated with negative outcomes stemming from imperfectly predictable biological and climatic variables. These variables include natural adversities (for example, pests and diseases), climatic factors are not within the control of agricultural producers. So in agriculture it is very important to identify and evaluate risk, only then decisions made in farm will bring profit and other positive results. Scientific literature distinguishes a lot of methods for risk evaluation, but it is not clear what methods could be adapted in agriculture sector. This article presents main risk types in agriculture and their features as well as introduces most popular risk evaluation methods and their possible use in assessing risks in agriculture.
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