Risk and uncertainty are inescapable factors in agriculture which require careful management. Farmers face production risks from the weather, crop and livestock performance, and pests and diseases, as well as institutional, personal and business risks. This revised third edition of the popular textbook includes updated chapters on theory and methods and contains a new chapter discussing the state-contingent approach to the analysis of production and the use of copulas to better model stochastic dependency. Aiming to introduce agricultural decision making, probability and risk preference, this...

Risk and uncertainty are inescapable factors in agriculture which require careful management. Farmers face production risks from the weather, crop and livestock performance, and pests and diseases, as well as institutional, personal and business risks. This revised third edition of the popular textbook includes updated chapters on theory and methods and contains a new chapter discussing the state-contingent approach to the analysis of production and the use of copulas to better model stochastic dependency. Aiming to introduce agricultural decision making, probability and risk preference, this...

Catalysis has made major contributions to many areas of chemical industry. Before embarking upon detailed considerations of catalytic science and technology, it is very helpful to look first at the nature of industrial catalysis, and how it has evolved and grown to meet demands imposed by changing industrial needs. Dr. H. Reinemann is uniquely qualified to place industrial catalysis in a historical perspective: in his distinguished industrial career he has been closely involved with many of the major innovations in industrial catalysis. Before a catalytic process is commercialized, the...