Title: AGRICULTURAL RISK MANAGEMENT: EXPERIENCES FROM AN ACTION RESEARCH APPROACH
Author(s): Lund, M.(1) + Oksen, A.(2) + Larsen, T.U.(2) + Andersen, H.(3) + Andersen, H.(3)
Organisation: 1-Food and Resource Economics Institute, the Royal Veterinary and Agricultural University, Copenhagn, 2- Dept. of Economics and Law, the Danish Advisory Service, 3- Soro-Slagelse Advisory Centre and Arne Sneftrup, Farm Families Advisory Service, Skive.
Country: Denmark
A new model for risk management in agriculture is described in the paper. The risk model
is constructed as a context dependent process, which includes four main phases. The model
is aimed at agricultural advisors, who wish to facilitate and disseminate risk management to
farmers. It is developed and tested by an action research approach in an attempt to make risk
management more applicable on family farms. Our obtained experiences indicate that farmers
don’t apply probabilistic thinking and other concepts according to formal decision theory.
Keywords: Risk management, consulting, action research, farm families.
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