Risk-adjusted approaches for planning sustainable agricultural development

In this paper we show that explicit treatment of risks and uncertainties in agricultural production planning may considerably alter strategies for achieving robust outcomes with regard to sustainable agricultural developments. We discuss production planning models under uncertainties and risks that may assist in planning location-specific production expansion within environmental and health risk indicators and constraints. The proposed approaches are illustrated with the example of spatially explicit livestock production allocation in China to 2030.
KEYWORDS: Agricultural production; CVaR risk measure; Downscaling; Risks; Robust decisions; Safety constraints

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