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Risk and Resilience in Agri-Food Supply Chains

The food and agribusiness is a dynamic sector, among others due to the continuous interplay with risks. Examples are extreme weather events, disease outbreaks, institutional uncertainties, and geopolitical risks. Understanding risks, risk management and resilience contributes to business performance including solutions for finance. 

The theme of risk and resilience plays a central role in agri-food supply chains worldwide, encompassing both high-input systems and agri-food systems organised in very different ways, for example through local production, high-tech approaches, regenerative principles, or other alternative models. A key focus of research and education across these systems is risk analysis. This includes ex post analyses, in which machine learning techniques are used to understand how farmers respond to different types of risk, as well as ex ante analyses, in which stochastic modelling is used to assess performance and evaluate the risks associated with transitions in agri-food supply chains.

Another important area of research is risk management and resilience. This includes analyses designed to support decision-making, for example in relation to risk prevention through the enhanced provision of ecosystem services, the improved design of digital insurance and other financial services, and in-depth investigations of the relationships between resilience, sustainability and efficiency in food systems.

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Business Economics

Business Economics, led by Alfons Oude Lansink, performs research and teaches across a wide range of aspects of agricultural business economics and food supply chains.

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