ALL libraries (COBIB.SI union bibliographic/catalogue database)
  • Farmers' risk preferences in 11 European farming systems [Elektronski vir] : a multi-country replication of Bocquého et al. (2014)
    Rommel, Jens ...
    We replicate Bocquého et al. (2014), who used multiple price lists to investigate the risk preferences of 107 French farmers. We collected new data from 1430 participants in 11 European farming ... systems. In agreement with the original study, farmers' risk preferences are best described by Cumulative Prospect Theory. Structural model estimates show that farmers in the new samples are, on average, less loss averse and more susceptible to probability distortion than in the original study. Explorative analyses indicate differences between estimation approaches, as well as heterogeneity between and within samples. We discuss challenges in replications of economic experiments with farmers across farming contexts.
    Source: Applied economic perspectives and policy [Elektronski vir]. - ISSN 2040-5804 (Vol. 45, iss. 3, 2023, str. 1374-1399)
    Type of material - e-article ; adult, serious
    Publish date - 2023
    Language - english
    COBISS.SI-ID - 127693315

    Link(s):

    https://onlinelibrary.wiley.com/doi/10.1002/aepp.13330
    Repository of the University of Ljubljana – RUL
    DOI

Shelf entry