ECONOMIC MODELS FOR RISK MANAGEMENT IN AGRICULTURE

Authors

  • Petar Dzhandarmov

Keywords:

market risk, financial risk, optimization models, linear programming, decision analysis model, sustainability

Abstract

Agriculture is one of the most dynamic and high-risk sectors of the economy. On one hand, it is a fundamental pillar of food security, and on the other, it is highly vulnerable to numerous risk factors, including climate change, price volatility, biological threats, and regulatory constraints. Risk management in agriculture is becoming an increasingly important task for farmers, policymakers, and economists, who must find effective ways to minimize the negative impacts of these factors.

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