Observatorio de I+D+i UPM

Memorias de investigación
Courses, Seminars and tutorials:
Analysis of Spanish olive producers insurance behavior
Research Areas
  • Agriculture
Since the 1940s, the analysis of behaviour under uncertainty has become an important area in economic research. The expected utility (EU) model suggested by Von Neumann and Morgenstern soon became the leading theory of risky choices. Based on the EU model, different theories of decision making have been developed. The EU approach has been widely used in the analysis of different topics involving risk such as investment portfolios, insurance contracts, risky assets, etc. In spite of its widespread use, various anomalies have been attributed to the EU model. Criticisms have come not only from economists, but also from psychologists and have led to a wide array of alternatives being proposed
III Workshop on Valuation Methods in Agro-food and Environmental Economics: ¿Decisions and choices under uncertainty in Agro-food and Natural Resource
Politechnic University of Catalonia
Entity Nationality
Sin nacionalidad
Start Date
End Date
  • Autor: Alberto Garrido Colmenero (UPM)
Research Group, Departaments and Institutes related
  • Creador: Grupo de Investigación: Economía Agraria y Gestión de los Recursos Naturales
  • Centro o Instituto I+D+i: Centro de Estudios e Investigación para la Gestión de Riesgos Agrarios Medioambientales (CEIGRAM)
S2i 2020 Observatorio de investigación @ UPM con la colaboración del Consejo Social UPM
Cofinanciación del MINECO en el marco del Programa INNCIDE 2011 (OTR-2011-0236)
Cofinanciación del MINECO en el marco del Programa INNPACTO (IPT-020000-2010-22)