Modelling of Risk Aversion Coefficients and Risk Premium for Paddy Farmer: A Case Study in the Coastal Area of Andhra Pradesh

Abstract

Agricultural farmers face lot of hardships to obtain a satisfactory yield in terms of revenue due to unpredictable environmental conditions leads to risk aversion. An attempt is made here to quantify such risk which can be used in future for formulating various protective policies to farmers. A multi criteria technique is applied to calculate various risk coefficients. A final case study is done to evaluate risk coefficients. Formulation of the regression equation is done to calculate proportional risk premiums.

Authors and Affiliations

Vasanth Kumar. P, Srinivasa Rao . M, Kesava Rao. V. V. S

Keywords

Related Articles

An Assessment of Quality of Life in Rural Areas of Districts in Odisha: (A Block - Wise Case Study for Khordha and Nabarangpur Districts)

The main aim of the paper attempts to maintain a decent quality of life (QOL) to the rural people of the districts in Odisha by providing better facilities and amenities like health, education, sanitation, financial serv...

Green Banking - Awareness on Developing Plans in Public Sector Banks for Future Environment

Bio-diversity is the diversity of resources, where human beings are majorly dependent on natural resources. This concept is gaining momentum, as there no proper utilization of natural resources by mankind. Green banking...

A Detailed Survey of Water Bodies and Study of PH and Conductivity of Water at Indukurpeta Mandalam, Nellore District (Rice Bowl) of Andhra Pradesh, India

Detailed survey of water bodies of Indukurpeta Mandalam, Nellore District (Rice bowl) of Andhra Pradesh, Republic of India was conducted survey, extent of water, essential parameters like physical characteristics like pH...

A Comparative Study on Temperament Dimensions among 11 Twins in Two Cultural Zones in Haryana

The study was to assess the temperament of twins in the age group of 4 -10 years. The present study was conducted in four districts namely; Hisar Fatehabad, Rohtak and Jind of Haryana state with the purpose of availabili...

“Assessing Ecological &Socio-Economic Significance of Mangroves on the Livelihood of Coastal Communities”

Sindhudurg represents an important district with a vast 121 km long coastline, fishery resources being a source of food and livelihood blessed with vast 3,300 hectares of mangrove patches. There are ranges of fish & shel...

Download PDF file
  • EP ID EP576490
  • DOI 10.24247/ ijeefusapr20194
  • Views 126
  • Downloads 0

How To Cite

Vasanth Kumar. P, Srinivasa Rao . M, Kesava Rao. V. V. S (2019). Modelling of Risk Aversion Coefficients and Risk Premium for Paddy Farmer: A Case Study in the Coastal Area of Andhra Pradesh. International Journal of Environment, Ecology, Family and Urban Studies (IJEEFUS), 9(2), 39-54. https://europub.co.uk/articles/-A-576490