The study develops a model to estimate the growth of both production and adoption of modern rice varieties (MVs) in Bangladesh. Using secondary data on the level of adoption and production of MV rice and employing various statistical tools it was found that, out of three main rice crops (Aus....

Most studies on rational response of rice producers in less developed countries (LDCs) assume risk neutrality. However, the role of risk in farmers's decision making has been recognised as an important determinant of production. If farmers are rational and risk averse in less developed countries...