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Risk-adjusted Approaches for Planning Sustainable Agriculture

Fischer, G. and Ermolieva, T. and Ermolieva, Y. and Sun, Laixiang (2009) 'Risk-adjusted Approaches for Planning Sustainable Agriculture.' Stochastic Environmental Research and Risk Assessment, 23 (4). pp. 441-450.

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Abstract

In this paper we show that explicit treatment of risks and uncertainties in agricultural production planning may considerably alter strategies for achieving robust outcomes with regard to sustainable agricultural developments. We discuss production planning models under uncertainties and risks that may assist in planning locationspecific production expansion within environmental and health risk indicators and constraints. The proposed approaches are illustrated with the example of spatially explicit livestock production allocation in China to 2030.

Item Type: Articles
Keywords: Agricultural production, Risks, Safety constraints, CVaR risk measure, Downscaling, Robust decisions
SOAS Departments & Centres: Faculty of Law and Social Sciences > Department of Financial and Management Studies
ISSN: 14363259
DOI (Digital Object Identifier): 10.1007/s00477-008-0231-9
Depositing User: Laixiang Sun
Date Deposited: 22 Jun 2009 09:15
URI: http://eprints.soas.ac.uk/id/eprint/7486

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