Risk Management and the Environment: Agriculture in Perspective »

Seventeen experts from academia, government and industry in the U.S., Australia, and Greece address the importance of risk management in relation to the environment in agriculture, as the world moves toward freer markets. Theoretical chapters explore such issues as the state-contingent approach to modeling uncertainty, options and irreversibles in environmental decision-making, environmentally sensitive farming practices, and the impact of environmentally sensitive policy changes on farmer behavior in conditions of uncertainty. Case studies from the U.S., Europe, and Australia illustrate the application of the theoretical approaches. For economists, postgraduate students, and policymakers. Annotation (c)2003 Book News, Inc., Portland, OR