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,
read moreDiversification is one of the most effective and widely used ways to reduce risk. There are many opportunities to diversify in agriculture. Diversification means doing
read moreThis Pannell Discussions is about risk aversion and its influence on strategic decisions about the optimal rate of a fertiliser to apply, particularly nitrogen fertiliser.
read moreThe question of whether to use Benefit: Cost Ratio or Net Present Value or Internal Rate of Return is “a world of confusion,” because textbooks
read moreMy interest in risk in this series of posts is in how it affects decision making. There are two broad types of decisions that we
read more
Recent comments