This article compares the use of risk-increasing and risk-reducing production inputs with the experimentally measured … risk attitudes of farmers. For this purpose, the Just-Pope production function indicates production inputs’ influence on … output risk and a Holt-Laury lottery is used to measure the producerś risk attitude. We test whether more risk averse farmers …

Extreme weather events pose an economic threat to farms. The risk management behaviour against such events is often … price list design in Germany: a framed field experiment, a framed student experiment and an artefactual field experiment … higher the differences, which is particularly important for managing risk from low-probability shocks. Despite these …

risk attitudes and time preferences. We conducted incentivised field experiments on Sumatra Island, Indonesia, involving … estimated risk attitudes and time preferences jointly. The results indicated that farmers who undertook crop diversification … were statistically significantly more risk-averse than rubber farmers. However, the time preferences between the two groups …