of choice under risk. The axiomatic foundation of Yaari's non-expected utility approach permits the formulation of a …'s attitude towards risk from its attitude towards wealth and is consistent with experimental evidence on decision-making under … wealth and is compatible with either risk aversion or risk inclination. This appealing feature of the dual theory allows us …

determine heterogeneity across firms in size and productivity in the same industry. We then incorporate these organisational … increase in aggregate productivity of an industry depending on which of these margins dominate. Trade may trigger firms to opt …

. It suggest a microeconometric method for measuring flooding related risk preferences of affected individuals. The method …-experimental approach to measure differences in the risk attitudes of farmers located in high flooding risk areas versus farmers located in … low flooding risk areas is followed. Changes in flooding risk related behaviour over time is analysed and marginal effects …

Risk plays an important role in agricultural decision-making, particularly in those regions that are remarkably exposed … conditions, risk attitudes and risk management techniques with respect to the requirements of a functioning crop insurance system …Risiko spielt eine wichtige Rolle im Entscheidungsprozess landwirtschaftlicher Unternehmer, insbesondere in Regionen …