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Managing environmental risk in agriculture: a systematic perspective on the potential of quantitative policy-oriented risk valuation

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  • Chiara M. Travisi
  • Peter Nijkamp

Abstract

This article seeks to offer a systematic overview of methods and techniques for valuing environmental quality degradation, with a particular view to the management of agricultural risk, against the background of policy relevance. The article argues that modern valuation methods from ecological economics can play an important role in advancing transparent policy decisions, but at the same time the article also warns against unjustified optimism. Consequently, also a systematic review of various caveats in evaluation methods is offered.

Suggested Citation

  • Chiara M. Travisi & Peter Nijkamp, 2009. "Managing environmental risk in agriculture: a systematic perspective on the potential of quantitative policy-oriented risk valuation," International Journal of Environmental Technology and Management, Inderscience Enterprises Ltd, vol. 11(1/2/3), pages 27-46.
    • Handle: RePEc:ids:ijetma:v:11:y:2009:i:1/2/3:p:27-46
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    Cited by:

    1. Karira, Wanderi J. & Mburu, John I. & Guthiga, Paul M., 2013. "Empirical Analysis of the Environmental Benefits of Compliance with GLOBALGAP Standards Among Smallholder Farmers in Eastern and Central Kenya: An Environmental Valuation Approach," 2013 Fourth International Conference, September 22-25, 2013, Hammamet, Tunisia 161484, African Association of Agricultural Economists (AAAE).

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