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Purpose: The study investigates whether there is an association between climate types and farm risk attitudes of principal operators. Design/methodology/approach: The study exploits temperature variation in the diverse climate types across the US and defines hot- and cold-climate states....
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During the COVID-19 pandemic, the U.S. government distributed Economic Impact Payments (EIPs) to ease the economic hardships of American households. Using the Household Pulse Survey, we study the association of first-round EIPs with household-level food insufficiency in a sample of late...
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Contracting is a contentious issue in agriculture. Competing theories assert that risk or transactions cost drive contracting decisions, with some argument that autonomy also plays a role. We examine preferences for different contract attributes using a choice-based conjoint experiment. Results...
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Experimental auction and discrete choice experiment are two popular value elicitation methods.Theoretically they should yield the same results but empirical results have been mixed (e.g.,Lusk and Schroeder 2004, 2006; Corrigan et al. 2010.) This study uses both methods todetermine consumers’...
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