Regional Climate Change: Disentangling the Role of Land Use and Water Management (DETECT) – 2022 until 2025
Subproject A05 “Representation of adaptation: The on-farm perspective”
Funding: German research foundation (DFG) Collaborative Research Centre SFB1502
Summary:
This project aims at improving the representation of how farmers in the Collaborative Research Centre’s EU focus regions (Germany, Scandanavia, Iberian Peninsula) adapt to climate change (one-way interaction). Changes in weather and climatic conditions translate into a farm’s risk profile and efficiency, and influence expectations on future yields and profits. Despite these trends, farms seem reluctant to adapt their farming structure. Following the real options approach, we hypothesize that this reluctance can be explained by farms’ investment behaviour under risk and various sources of inefficiency. We test this hypothesis using observational data. To understand underlying cognitive decision processes under extreme hydrometeorological events, we test the impact of perceiving such instances on farm adaptation decisions using an experimental approach.
Project team:
Prof. Dr. Silke Hüttel
Dr. Stefan Seifert
Michael Leyer (Rostock University)
Collaboration partners:
University of Bonn
Forschungszentrum Jülich
University of Cologne
University of Göttingen
Deutscher Wetterdienst (DWD)
Hans Ertel Centre for Weather Research at the Universities of Bonn and Cologne (HErZ)
Resources:
Contact:
Prof. Dr. Silke Hüttel (s.huettel@ilr.uni-bonn.de)
Dr. Stefan Seifert (s.seifert@ilr.uni-bonn.de)