We analyze the potential of reinsurance for reversing current trend decreasing capital guarantees in life insurance products. Providing an insurer with opportunity to shift part financial risk a reinsurer, we solve insurer's dynamic investment-reinsurance optimization problem under simultaneous Value-at-Risk and no-short-selling constraints. introduce concept guarantee-equivalent utility gain u...

An increasing number of health-conscious consumers are seeking natural, unprocessed foods, including fresh, locally grown produce, eggs, poultry, and meats. Concomitant with this consumer interest, the US Department of Agriculture created Know Your Farmer, Know Your Food and the Farmers Market Promotion Program [1, 2]. These governmental programs seek to improve nutritional choices made by Amer...

The structure of the Hungarian agriculture should be changed before the EU accession. The new structure should fill the requirements of the EU and beside this it should produce competitive products. Unconventional products (mushroom, fish, honey etc.) have a lot of advantages: they can be produced in small farms, their trade is mainly free of regulations and their market is almost unlimited. Th...

Mathematical models of inventory-distribution routing problem for two-echelon agriculture products distribution network are established, which are based on two management modes, franchise chain and regular chain, one-to-many, interval periodic order, demand depending on inventory, deteriorating treatment cost of agriculture products, start-up costs of vehicles and so forth.Then, a heuristic ada...

Since some raw materials, semi manufactured, intermediate and capital goods in agricultural sector are imported, the exchange rate fluctuations can affect the cost price of products in this sector. Recently, we are facing considerable fluctuations in exchange rate that has an important impact on all sectors including the agriculture. As a result of an increase in import prices in agricultural r...

Microorganisms are a promising source of an enormous number of natural products, which have made significant contribution to almost each sphere of human, plant and veterinary life. Natural compounds obtained from microorganisms have proved their value in nutrition, agriculture and healthcare. Primary metabolites, such as amino acids, enzymes, vitamins, organic acids and alcohol are used as nutr...

Probiotic foods are a group of functional foods with growing market shares and large commercial interest [1]. Probiotics are live microorganisms which when administered in adequate amounts confer a beneficial health benefit on the host [2]. Probiotics have been used for centuries in fermented dairy products. However, the potential applications of probiotics in nondairy food products and agricul...

In recent years, the number of pasture species and cultivars commercially available to farmers in New Zealand has increased significantly. Reasons for this include increased commercial activity in the development and supply of proprietary cultivars, and more specialisation in New Zealand’s pastoral agriculture. In particular, pasture cultivars are increasingly marketed as proprietary products w...

Urban agriculture (UA) is practiced inside (intraurban) or on the outskirts (periurban) of a town or a city. While it focuses on raising food and animal crops, it includes recycling household waste and wastewater for agricultural purposes, the processing and distribution of different food and non-food products using human and material resources, products, and services that are found in the same...