Staff Publications

Staff Publications

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    'Staff publications' is the digital repository of Wageningen University & Research

    'Staff publications' contains references to publications authored by Wageningen University staff from 1976 onward.

    Publications authored by the staff of the Research Institutes are available from 1995 onwards.

    Full text documents are added when available. The database is updated daily and currently holds about 240,000 items, of which 72,000 in open access.

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Record number 123569
Title Sharing risks in agriculture : principles and empirical results
Author(s) Meuwissen, M.P.M.; Hardaker, J.B.; Huirne, R.B.M.; Dijkhuizen, A.A.
Source Netherlands Journal of Agricultural Science 49 (2001). - ISSN 0028-2928 - p. 343 - 356.
Department(s) Agrarische Bedrijfseconomie
MGS
Publication type Refereed Article in a scientific journal
Publication year 2001
Keyword(s) risicofactoren - risicovermindering - coöperatieve verzekering - landbouwverzekering - landbouwondernemingen - agrarische bedrijfsvoering - sociaal onderzoek - risk factors - risk reduction - cooperative insurance - agricultural insurance - farm enterprises - farm management - social research
Categories Farm Management
Abstract The risk environment of farmers is changing. For example, price and production risks are increasing and governments increasingly encourage agriculture to find private market solutions for catastrophic risks like floods and epidemic diseases. We studied risk management strategies like insurance in which risks are shared with others to find out whether such strategies provide opportunities for farmers to deal with the new risks with which agriculture is confronted. We concluded, on both theoretical and empirical grounds, that risk-sharing strategies do provide such opportunities. From a theoretical perspective, because risk-sharing tools are in principle advantageous to both individual farmers and society as a whole, and from an empirical perspective, because farmers already perceive risk-sharing, especially insurance, as an important strategy to manage risks. The empirical results are based on a questionnaire survey among Dutch livestock farmers. Areas are identified for further research, amongst other things, with respect to risk-sharing strategies for price risks and epidemic livestock disease risks.
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