Pannell Discussions

Ideas in economics, environment, agriculture, policy and more.

Month: August 2023

416. Neglecting the risks of a project

There is a well-documented trend for people to neglect downside risks when developing and evaluating a new project. This is part of a general tendency
415. Learning about the riskiness of a new farming practice

When considering whether to adopt a new farming practice, there are various aspects of the practice that farmers would like to learn about. One of
414. Intuitive versus analytical thinking about risk

In his famous book, “Thinking, Fast and Slow”, Daniel Kahneman introduced many people to a wealth of research about how people make judgments and decisions,
413. Diversification to reduce risk
412. Risk aversion and fertiliser decisions
411. Benefit-Cost Analysis decision criteria
410. Strategic decisions, tactical decisions and risk
409. Farmers’ risk preferences
408. Farmers’ risk perceptions
407. Memorising Pi