Pannell Discussions

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

AARES award

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

Diversification is one of the most effective and widely used ways to reduce risk. There are many opportunities to diversify in agriculture. Diversification means doing
412. Risk aversion and fertiliser decisions

This Pannell Discussions is about risk aversion and its influence on strategic decisions about the optimal rate of a fertiliser to apply, particularly nitrogen fertiliser.
411. Benefit-Cost Analysis decision criteria
410. Strategic decisions, tactical decisions and risk
409. Farmers’ risk preferences
408. Farmers’ risk perceptions
407. Memorising Pi
406. Risk means probability distributions
405. Risk in Australian grain farming