Jacquet F., Le Grusse P. (1994). Risk in farmer decision-making: Combining economic and management approaches. An application on French grain producers facing the CAP reform. In : Jacobsen B.H. (ed.), Pedersen D.E. (ed.), Christensen J. (ed.), Rasmussen S. (ed.). Farmers' decision making: A descriptive approach. Proceedings from the thirty-eighth EAAE seminar of the European Association of Agricultural Economists.
p. 261-275.
Titre : | Risk in farmer decision-making: Combining economic and management approaches. An application on French grain producers facing the CAP reform |
in : | |
Auteurs : | F. Jacquet ; P. Le Grusse |
Type de document : | Communication à un Congrès (avec Actes) |
Editeur : | Valby [Danemark] : Institute of Agricultural Economics, 1994 |
Format : | p. 261-275 / 5 réf., 5 tabl. |
Langues : | Anglais |
Langues du résumé : | Anglais |
Catégories : |
Thésaurus IAMM FRANCE ; PAYS DE L'UNION EUROPEENNE ; PRISE DE DECISION ; AGRICULTEUR ; PAC ; GRAIN ; MODELE DE SIMULATION ; MODELE MATHEMATIQUE |
Résumé : | To analyze farmers' behaviours and their different types of decision-making in the perspective of the CAP reform, we used a methodology based simultaneously on a strategic simulation model (QUOVADIS developed by J.M. Attonaty-INRA, Grignon) and a mathematical programming model. The study has been carried out on grain production farms, located in the South West of France. Our argument is mainly based on risk aversion in the farmer's decision making. With the mathematical programming model, we show that the risk aversion coefficient depends as much on the previous choices as on current decision. Besides, through the use of the strategic model, we are able to measure risk not only as a failure probability, but also as a set of different bad conditions sequences. We take also in consideration the reversibility choices (Résumé de la publication) |
Congrès : | 38. Farmers' Decision Making: A Descriptive Approach, 1994/10/03-05, Copenhague (Danemark) |
Cote : | FRA-I3-JAC-1994 |