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Comparisons of economic values with and without risk for livestock trait improvement

Comparisons of economic values with and without risk for livestock trait improvement

Livestock Production Science 79(2/3): 183-191

ISSN/ISBN: 0301-6226

DOI: 10.1016/s0301-6226(02)00155-0

This paper investigates the effect of incorporating risk in the derivation of economic values for livestock trait improvement. Two ways of obtaining economic values were contrasted, without consideration of risk (traditional economic values) and with incorporation of variance of profit and risk attitudes of livestock producers (risk-rated economic values).

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Accession: 003689051

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