The extent to which people are willing to take on risk, i.e. their risk preferences as well as subjective risk perception plays a major role in explaining their behavior. This is of particular relevance in agricultural production, which is inherently risky. The data presented here was collected amongst a total of 64 German farmers in 2015. It includes results of three different risk preference ...

Introduction Choosing machinery and land investments are two of the most difficult decisions faced by farm managers. Since both machinery and land are typically the most valuable assets to the farm, the ability of the farm manager to properly select equipment and plan for land expansion is imperative for financial success of the business. When selecting machinery, land area is an important fact...

Grazing businesses with a proportion of native grassland may face the choice of reassigning the rights to use an area of native grassland to the public. In analysing this choice it is important to establish the future situation of the farm business with and without the area of land in question, including the possibility of further development of production capacity on other areas of the farm. T...

We present the Social Farm architecture for encouraging user contribution through the profit motive. Our solution leverages the connectivity and trust relationships available in online social networks to create and operate businesses using the programming interface provided by existing online social networks. Social Farm automates the tasks of finding partners, implementing the business workflo...

Income from o®-farm sources is especially important for land-poor households. However, the pattern of participation in o®-farm activities is heterogeneous across space. We explore the determinants of participation in o®-farm employment using data from rural Mexico. In particular, we try to undertand how the neighborhood and the neighbors a®ect the individual decision to participate in o®-farm l...

Climate variability can induce uncertainty in yields, and threaten long term economic viability of rainfed agricultural enterprises in the absence of effective adaptation strategies. Enterprise mix diversification has been found to be an effective adaptation strategy for mitigating multiple sources of farm business risk in some contexts. The extent to which enterprise mix diversification can mi...