Comparing the Use of Risk-influencing Production Inputs and Experimentally Measured Risk Attitude: Do the Decisions of Indonesian Small-scale Rubber Farmers Match?

Authors

  • Stefan Moser
  • Oliver Mußhoff

Abstract

This article compares the use of risk-increasing and risk-reducing production inputs with the experimentally measured risk attitudes of farmers. For this purpose, a Just-Pope production function indicates production inputs’ influence on output risk, and a Holt-Laury lottery is used to measure farmers’ risk attitudes. We then test whether more risk averse farmers use more risk-reducing and

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Published

2017-06-01

Issue

Vol. 66 No. 2 (2017)

Section

Articles

License

German copyright law applies. The document may be used free of charge for personal use, but it may not be made available on the Internet or passed on to third parties.