Pachta, Matthew J. - 2010
risk preferences. SERF analysis indicates that RTWS is the system most preferred by all producers, regardless of their … level of risk aversion. NTWS is typically the second most preferred system to RTWS. Using historical annual prices for 1997 … distributions, managers with higher levels of risk aversion prefer reduced-tillage wheat-grain sorghum (RTWG) over no-tillage wheat …