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751-0423-00L 2 Credits MSC D-USYS
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Risk Analysis

Lecturers & Examiners: PD Dr. Raushan Bokusheva
VVZ CR n/a

Last Updated: 2026-02-05 15:23:38

Abstract

Modern agriculture is characterized by an increasing complexity, with agricultural producers being confronted with many challenges and sources of uncertainty. The course ‘Risk Analysis’ aims at establishing a more comprehensive understanding of risk and risk sources as well as teaching student in risk appraisal and risk management.

Objective

to develop a better understanding of decision making under uncertainty; to brief in methods for the analysis of risky decisions.

Content

Risk and risk measurement; Expected utility theory; Risk preferences; Mean-variance approach; Stochastic dominance criterion; Portfolio optimization (risk efficient frontier); State-contingent approach; Utility-efficient modeling.

Resources

Lecture Notes

Summary handouts will be available on the internet.

Literature

References to the relevant literature will be made in the course

General Information

Language
English
Levels
MSC
Frequency
Yearly recurring

Examination

Type
end-of-semester examination

Course Components

Type Title Time & Place Hours
lecture with exercise Risk Analysis
  • Tue 08:15-10:00 (LFW E 11)
2 h weekly

Offered In