This paper explores farmers' willingness to adopt genetically modified (GM) oilseed rape prior to its commercial release and estimates the 'demand' for the new technology. The analysis is based upon choice experiments with 202 German arable farmers. A multinomial probit estimation reveals that...

We evaluate yield risk reduction through weather index, area yield index and farm yield insurance contracts for wheat farms in Kazakhstan by employing data from 1980 to 2002. We use the usual mean variance (MV) approach and also a second-degree stochastic dominance (SSD) criterion. While MV is...

type="main" xml:id="jage12044-abs-0001" <title type="main">Abstract</title> <p>This paper explores farmers' prospective responses to the “greening” of the Common Agricultural Policy. The analysis is based on discrete choice experiments with 128 German farmers. Participants were asked to choose between a “greening”...</p>