ESTIMATION OF RISK AVERSION COEFFICIENTS FOR DRYLAND WHEAT AND IRRIGATED CORN ENTERPRISES IN KANSAS

The risk attitudes of dryland wheat and irrigated corn enterprises in Kansas have been examined in this paper using the nonlinear mean-standard deviation approach. Our results showed that dryland wheat enterprises are characterized by increasing absolute and increasing relative risk aversion. The level of wealth is noted to have an impact on risk attitudes.

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Year of publication:	1999
Authors:	Abdulkadri, Abdullahi O. ; Langemeier, Michael R.
Institutions:	Agricultural and Applied Economics Association - AAEA
Subject:	Crop Production/Industries \| Risk and Uncertainty

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Extent:	application/pdf
Series:	1999 Annual meeting, August 8-11, Nashville, TN.
Type of publication:	Book / Working Paper
Notes:	The text is part of a series 1999 Annual meeting, August 8-11, Nashville, TN Number 21658
Source:	RePEc - Research Papers in Economics

Persistent link: https://www.econbiz.de/10005338125