Showing 1 - 10 of 2,169
We study risk preferences and their determinants for commercial cattle farmers in Namibia who are subject to high and … heterogeneous precipitation risk, using data from questionnaire and field experiments, simulated data for on-farm precipitation risk … and data on famers' previous place of residence. We find that the relationship between risk preferences and precipitation …
Persistent link: https://www.econbiz.de/10010281769
We study risk preferences and their determinants for commercial cattle farmers in Namibia who are subject to high … precipitation risk that is heterogeneous across farms. We use data on risk preferences from questionnaire and field experiments …, simulated data for on-farm precipitation risk and data on famers’ previous place of residence. We find that, on average, less …
Persistent link: https://www.econbiz.de/10009259888
This analysis utilises a model of production under risk estimated on Finnish farm-level data to measure farmers' risk … attitudes in a changing policy environment. We find evidence of heterogeneous risk preferences among farmers, as well as notable … changes over time in farmers' degree of risk aversion. This result is due to the increase in the non-random part of farm …
Persistent link: https://www.econbiz.de/10013152900
severe harvest losses leads to more risk aversion and stronger overweighting of small probabilities. Higher losses are not …
Persistent link: https://www.econbiz.de/10011631008
This study is an empirical investigation of how individual risk attitudes influence the agricultural productivity of …-economic factors, the results show that as the female farmers’ increase risk taking, the productivity of female-owned plots goes down … female farmers do not increase their plot yield by taking more risk. It is argued that agricultural policy interventions in …
Persistent link: https://www.econbiz.de/10011966995
We study risk preferences and their determinants for commercial cattle farmers in Namibia who are subject to high … precipitation risk that is heterogeneous across farms. We use data on risk preferences from questionnaire and field experiments …, simulated data for on-farm precipitation risk and data on famers’ previous place of residence. We find that, on average, less …
Persistent link: https://www.econbiz.de/10014179170
This study analyzes how risk attitudes influence the agricultural productivity of men and women in a subSaharan African … increase risk taking, the productivity of female-owned plots goes down. The study controls for various socio-economic factors …
Persistent link: https://www.econbiz.de/10013415530
We propose the use of Bayesian estimation of risk preferences of individuals for applications of behavioral welfare … economics to evaluate observed choices that involve risk. Bayesian estimation provides more systematic control of the use of … informative priors over inferences about risk preferences for each individual in a sample. We demonstrate that these methods make …
Persistent link: https://www.econbiz.de/10012825611
We propose the use of Bayesian estimation of risk preferences of individuals for applications of behavioral welfare … economics to evaluate observed choices that involve risk. Bayesian estimation provides more systematic control of the use of … informative priors over inferences about risk preferences for each individual in a sample. We demonstrate that these methods make …
Persistent link: https://www.econbiz.de/10012263314
risk preferences and time preferences is very much a function of the way that experimenter incentivize choices. Another …
Persistent link: https://www.econbiz.de/10014351420