Weathering the storms of drought: Reconceptualising drought risk - PowerPoint PPT Presentation
Weathering the storms of drought: Reconceptualising drought risk management by Australian wheat farmers By Adeyinka, Adewuyi Ayodele QUANTITATIVE RESULTS All Shires 5th Percentile Capped Optimized Contract Probability of loss ratio 1 .8
Weathering the storms of drought: Reconceptualising drought risk management by Australian wheat farmers By Adeyinka, Adewuyi Ayodele
QUANTITATIVE RESULTS All Shires 5th Percentile Capped Optimized Contract Probability of loss ratio 1 .8 .6 Risk pooled over 1 year .4 Risk pooled over 5 years Risk pooled over 2 years .2 Risk pooled over 10 years 0 0 1 2 4 6 Loss ratio Profits Losses
QUALITATIVE RESULTS
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