uncertainty. J. Risk and Uncertainty 5 297--323.) and Prelec (Prelec, Dra\v{z}en. 1995. The probability weighting function …

This paper examines the role of individual risk attitudes in the decision to adopt a new form of agricultural … biotechnology in China. I conducted a survey and a field experiment to elicit the risk preferences of Chinese farmers, who faced the … decision of whether to adopt genetically modified Bt cotton a decade ago. In my analysis, I expand the measurement of risk …

We elicit risk preferences of French farmers in a field experimental setting under expected utility theory and … preference model. On average, farmers are risk averse and loss averse. They also exhibit an inverse S-shaped probability … negatively linked with risk aversion. Our results also show that age, education, household size and the level of secured income …

This paper investigates how farmersf risk attitudes affected the adoption of agricultural technology in a rural area in … Cambodia. We incorporated prospect theory to farmersf utility function and examined the effect of the risk attitude of farmers … farmers overweighted a small probability and risk averse farmers adopted a moisture meter to measure the moisture contents of …

artefactual field experiment, we find that farmers who are more risk averse use greater quantities of pesticides. We also find …

spillovers, this paper examines the role of individual risk attitudes in the decision to adopt a new form of agricultural … biotechnology in China. I conducted a survey and a field experiment to elicit the risk preferences of 320 Chinese farmers, who faced … prevention and thus requires less pesticides than traditional cotton. In my analysis, I expand the measurement of risk …

Empirical studies of fishers’ preferences have found that most fishers are risk-averse, while expected-utility theory … predicts risk neutrality even for sizable stakes. We test this prediction using data from a stated choice experiment with …. 48% of the fishers can be broadly characterized as risk-neutral, 26% as modestly risk-averse, while 26% are strongly risk …