Estimation of farmers' risk attitude: an econometric approach

被引：81

作者：

Bar-Shira, Z ^{[1
]}

Just, RE

Zilberman, D

机构：

[1] Hebrew Univ Jerusalem, Jerusalem, Israel

[2] Univ Maryland, Prince Georges, MD USA

[3] Univ Calif Berkeley, Berkeley, CA 94720 USA

来源：

AGRICULTURAL ECONOMICS | 1997年 / 17卷 / 2-3期

关键词：

D O I：

10.1016/S0169-5150(97)00021-2

中图分类号：

F3 [农业经济];

学科分类号：

0202 ; 020205 ; 1203 ;

摘要：

An econometric procedure for estimating Arrow-Pratt coefficients of risk aversion is derived. The model of farmers allocating land among different crops, and time between leisure and labor, allows for testing Arrow's hypotheses of decreasing absolute risk aversion and increasing relative risk aversion. The empirical results support these hypotheses. (C) 1997 Elsevier Science B.V.

引用

页码：211 / 222

页数：12

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[12]

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