Cultivar Diversity: A Neglected Risk Management Strategy

Dawit Tadesse and Steven Blank ()

Journal of Agricultural and Resource Economics, 2003, vol. 28, issue 2, 16

Abstract: Risk reduction through diversification across cultivars is evaluated. A case study of peach growers in California shows that cultivar diversity reduces both yield and revenue variability. As a result, the probability of falling below minimum income requirements set using a safety-first model is reduced using this strategy.

Keywords: Risk; and; Uncertainty (search for similar items in EconPapers)
Date: 2003
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Persistent link: https://EconPapers.repec.org/RePEc:ags:jlaare:31093

DOI: 10.22004/ag.econ.31093

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