Continuous Handling of Uncertainty in Food Chains: Using the House of Risk Model in Ecosystems

Per Engelseth, I Nyoman Pujawan and Mirwan Ushada

No 276882, 2018 International European Forum (163rd EAAE Seminar), February 5-9, 2018, Innsbruck-Igls, Austria from International European Forum on System Dynamics and Innovation in Food Networks

Abstract: The house of risk model represents an approach to mitigate risk through systematically analysing data risk agents based on empirical findings through prioritizing them. Food production is associated with uncertainty both within the production system as well as in environment. Given the state of current technology, including its rapid development impacting on connectivity in supply chains, the house of risk model is considered through this conceptual study applying an ecosystems approach on how to mitigate risk in food chains in their many-faceted environmental setting. Ecosystems thinking is rooted in a normative quest to secure sustainability. It also is at the operations level a complex system. It is pointed out that an ecosystems approach encompasses mixed methods, including both deterministic and complex systems. The nature of this complementarity is discussed. The study provides a list of four issues regarding using the house of risk model within an ecosystem: (1) ethical, (2) development, (3) operations and (4) discourse.

Keywords: Agribusiness; Agricultural and Food Policy; Agricultural Finance (search for similar items in EconPapers)
Pages: 11
Date: 2018-10-01
New Economics Papers: this item is included in nep-agr and nep-env
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Persistent link: https://EconPapers.repec.org/RePEc:ags:iefi18:276882

DOI: 10.22004/ag.econ.276882

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