Ayenew, Habtamu Yesigat; Sauer, Johannes; Abate-Kassa, … - Agricultural Economics Society - AES - 2015
Using a moment based approach, introduced by Antle for producers’ risk behavior elicitation, we develop an empirical model to evaluate the implication of risk preferences on farm level diversification. For the purpose, we use a household level panel data of years 2004 and 2009 from Ethiopia....