Machine generated contents note: I -- I -- PART I -- BEHAVIOR UNDER RISK: GENERAL CONCEPTS AND -- THEIR SIGNIFICANCE FOR AGRICULTURE -- 1 Expected Utility as a Paradigm for Decision Making in Agriculture 3 -- Jack Meyer -- 2 Non-Expected Utility: What Do the Anomalies Mean for 21 -- Risk in...

Agricultural income volatility has become a major hurdle for Irish farmers and policymakers to overcome in their drive to increase investment, production and ultimately income in the sector. This paper studies data from 927 farms in the Teagasc National Farm Survey between 2005 and 2013, the...