Learning by Doing, Risk Aversion and Use of Risk Management Strategies

Using a national survey, double hurdle models are estimated to examine the impact of farmers’ risk attitude on use of production and marketing contracts. Risk averse farmers are less likely to use contracts but risk attitude does not have any significant impact on the intensity at which contracts are adopted.

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Year of publication:	2011
Authors:	Uematsu, Hiroki ; Ashok, Mishra K.
Institutions:	Agricultural and Applied Economics Association - AAEA
Subject:	Risk attitude \| Double hurdle model \| production contracts \| marketing contracts \| Agribusiness \| Crop Production/Industries \| Farm Management \| Livestock Production/Industries \| Marketing \| Risk and Uncertainty

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Extent:	application/pdf
Series:	2011 Annual Meeting, July 24-26, 2011, Pittsburgh, Pennsylvania.
Type of publication:	Book / Working Paper
Notes:	The text is part of a series 2011 Annual Meeting, July 24-26, 2011, Pittsburgh, Pennsylvania Number 103851
Source:	RePEc - Research Papers in Economics

Persistent link: https://www.econbiz.de/10009020981