Managing climate risks on the ranch with limited drought information

Ranching involves complex decision-making and risk management in the face of uncertainty about climate conditions. The profitability and sustainability of ranching depend heavily on sufficient and timely rainfall for rangeland forage production. As a result, ranchers may either adopt conservative lo...

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Bibliographic Details
Main Authors: Trisha R. Shrum, William R. Travis, Travis M. Williams, Evan Lih
Format: Article
Language:English
Published: Elsevier 2018-01-01
Series:Climate Risk Management
Online Access:http://www.sciencedirect.com/science/article/pii/S2212096317301407