Coping with Risk in Agriculture: Applied Decision Analysis, 3rd Edition explores the critical role of managing risk in the agricultural sector. Written by J.B. Hardaker, this updated third edition delves into production risks related to weather, crop and livestock performance, pests, diseases, institutional issues, personal factors, and business considerations. New content includes a chapter on state-contingent analysis and the use of copulas for modeling stochastic dependency. The book is designed to introduce students and researchers to agricultural decision making, probability theory, and risk preference, making it an invaluable resource in the fields of agriculture and agribusiness management.
