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Cultivar Diversity: A Neglected Risk Management Strategy

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  • Tadesse, Dawit
  • Blank, Steven C.

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.

Suggested Citation

  • Tadesse, Dawit & Blank, Steven C., 2003. "Cultivar Diversity: A Neglected Risk Management Strategy," Journal of Agricultural and Resource Economics, Western Agricultural Economics Association, vol. 28(2), pages 1-16, August.
    • Handle: RePEc:ags:jlaare:31093
    DOI: 10.22004/ag.econ.31093
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    References listed on IDEAS

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    Risk and Uncertainty;

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