IDEAS home Printed from https://ideas.repec.org/p/ags/rrwr80/271571.html
   My bibliography  Save this paper

Risk Preferences Of Farmers: An Empirical Example, Some Questions, And Suggestions For Future Research

Author

Listed:
  • Whittaker, James K.
  • Winter, John R.

Abstract

No abstract is available for this item.

Suggested Citation

  • Whittaker, James K. & Winter, John R., 1980. "Risk Preferences Of Farmers: An Empirical Example, Some Questions, And Suggestions For Future Research," Risk Analysis in Agriculture: Research and Educational Developments, January 16-18, 1980, Tucson, Arizona 271571, Regional Research Projects > W-149: An Economic Evaluation of Managing Market Risks in Agriculture.
  • Handle: RePEc:ags:rrwr80:271571
    DOI: 10.22004/ag.econ.271571
    as

    Download full text from publisher

    File URL: https://ageconsearch.umn.edu/record/271571/files/SrnRegPrj-179.pdf
    Download Restriction: no

    File URL: https://ageconsearch.umn.edu/record/271571/files/SrnRegPrj-179.pdf?subformat=pdfa
    Download Restriction: no

    File URL: https://libkey.io/10.22004/ag.econ.271571?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    References listed on IDEAS

    as
    1. Halter, A.N. & Mason, Robert, 1978. "Utility Measurement For Those Who Need To Know," Western Journal of Agricultural Economics, Western Agricultural Economics Association, vol. 3(2), pages 1-12, December.
    2. Dillon, John L., 1971. "An Expository Review of Bernoullian Decision Theory in Agriculture: Is Utility Futility?," Review of Marketing and Agricultural Economics, Australian Agricultural and Resource Economics Society, vol. 39(01), pages 1-78, March.
    3. William Lin & G. W. Dean & C. V. Moore, 1974. "An Empirical Test of Utility vs. Profit Maximization in Agricultural Production," American Journal of Agricultural Economics, Agricultural and Applied Economics Association, vol. 56(3), pages 497-508.
    Full references (including those not matched with items on IDEAS)

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Love, Ross O. & Robison, Lindon J., 1984. "An Empirical Analysis Of The Intertemporal Stability Of Risk Preference," Southern Journal of Agricultural Economics, Southern Agricultural Economics Association, vol. 16(1), pages 1-7, July.
    2. Lins, David A. & Gabriel, Stephen C. & Sonka, Steven T., 1981. "An Analysis Of The Risk Aversion Of Farm Operators: An Asset Portfolio Approach," Western Journal of Agricultural Economics, Western Agricultural Economics Association, vol. 6(1), pages 1-16, July.
    3. Patrick, George F. & Blake, Brian F. & Whittaker, Suzanne H., 1981. "Magnitude Estimation: An Application To Farmers' Risk-Income Preferences," Western Journal of Agricultural Economics, Western Agricultural Economics Association, vol. 6(2), pages 1-10, December.
    4. Cochran, Mark & Lodwick, Weldon & Jones, Alan & Robinson, Lindon, 1982. "Selection Of Apple Scab Pest Management Strategies Under Uncertainty: An Application Of Various Stochastic Dominance Techniques," 1982 Annual Meeting, August 1-4, Logan, Utah 279471, American Agricultural Economics Association (New Name 2008: Agricultural and Applied Economics Association).
    5. Bruce A. McCarl & David A. Bessler, 1989. "Estimating An Upper Bound On The Pratt Risk A Version Coefficient When The Utility Function Is Unknown," Australian Journal of Agricultural and Resource Economics, Australian Agricultural and Resource Economics Society, vol. 33(1), pages 56-63, April.
    6. Wilson, Paul N. & Eidman, Vernon R., 1983. "An Empirical Test Of The Interval Approach For Estimating Risk Preferences," Western Journal of Agricultural Economics, Western Agricultural Economics Association, vol. 8(2), pages 1-13, December.
    7. Harris, Thomas R. & Mapp, Harry P. Jr., 1981. "Irrigation Scheduling In The Oklahoma Panhandle Using Stochastic Dominance Theory," 1981 Annual Meeting, July 26-29, Clemson, South Carolina 279304, American Agricultural Economics Association (New Name 2008: Agricultural and Applied Economics Association).
    8. Pei Xu & Corinne Alexander & George Patrick & Wesley Musser, 2005. "Effects of Farmers' Risk Attitudes and Personality Types on Production and Marketing Decisions," Working Papers 05-10, Purdue University, College of Agriculture, Department of Agricultural Economics.
    9. Patrick, George F. & Whitaker, Suzanne H. & Blake, Brian F., 1980. "Factors Affecting Farmers' Risk-Income Preferences," 1980 Annual Meeting, July 27-30, Urbana-Champaign, Illinois 278878, American Agricultural Economics Association (New Name 2008: Agricultural and Applied Economics Association).
    10. Musser, Wesley N. & Wetzstein, Michael E. & Reece, Susan Y. & Musser, Lynn M. & Varca, Philip E. & Chou, Charlene C.J., 1984. "Classification Of Risk Preferences With Elicited Utility Data: Does Functional Form Matter?," Western Journal of Agricultural Economics, Western Agricultural Economics Association, vol. 9(2), pages 1-7, December.

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Gomez-Limon, Jose A. & Arriaza, Manuel & Riesgo, Laura, 2003. "An MCDM analysis of agricultural risk aversion," European Journal of Operational Research, Elsevier, vol. 151(3), pages 569-585, December.
    2. Walker, Odell L. & Nelson, A. Gene, 1980. "Dealing With Risks In The Management Agricultural Firms: An Extension/Teaching Viewpoint," Risk Analysis in Agriculture: Research and Educational Developments, January 16-18, 1980, Tucson, Arizona 271561, Regional Research Projects > W-149: An Economic Evaluation of Managing Market Risks in Agriculture.
    3. Gomez-Limon, Jose Antonio & Riesgo, Laura & Arriaza Balmón, Manuel, 2002. "Agricultural Risk Aversion Revisited: A Multicriteria Decision-Making Approach," 2002 International Congress, August 28-31, 2002, Zaragoza, Spain 24827, European Association of Agricultural Economists.
    4. Lins, David A. & Gabriel, Stephen C. & Sonka, Steven T., 1981. "An Analysis Of The Risk Aversion Of Farm Operators: An Asset Portfolio Approach," Western Journal of Agricultural Economics, Western Agricultural Economics Association, vol. 6(1), pages 1-16, July.
    5. Patrick, George F. & Blake, Brian F. & Whittaker, Suzanne H., 1981. "Magnitude Estimation: An Application To Farmers' Risk-Income Preferences," Western Journal of Agricultural Economics, Western Agricultural Economics Association, vol. 6(2), pages 1-10, December.
    6. Young, Douglas & Lin, William & Pope, Rulon & Robison, Lindon & Selley, Roger, 1979. "Risk Preferences Of Agricultual Producers:Their Measurement And Use," Risk Management in Agriculture: Behavioral, Managerial, and Policy Issues, January 25-26, 1979, San Francisco, California 271459, Regional Research Projects > W-149: An Economic Evaluation of Managing Market Risks in Agriculture.
    7. Love, Ross O. & Robison, Lindon J., 1984. "An Empirical Analysis Of The Intertemporal Stability Of Risk Preference," Southern Journal of Agricultural Economics, Southern Agricultural Economics Association, vol. 16(1), pages 1-7, July.
    8. Wilson, Paul N. & Eidman, Vernon R., 1983. "An Empirical Test Of The Interval Approach For Estimating Risk Preferences," Western Journal of Agricultural Economics, Western Agricultural Economics Association, vol. 8(2), pages 1-13, December.
    9. Knowles, Glenn J., 1980. "Estimating Utility Functions," Risk Analysis in Agriculture: Research and Educational Developments, January 16-18, 1980, Tucson, Arizona 271570, Regional Research Projects > W-149: An Economic Evaluation of Managing Market Risks in Agriculture.
    10. Ahearn, Mary Clare & Collender, Robert N. & Diao, Xinshen & Harrington, David H. & Hoppe, Robert A. & Korb, Penelope J. & Makki, Shiva S. & Morehart, Mitchell J. & Roberts, Michael J. & Roe, Terry L. , 2004. "Decoupled Payments In A Changing Policy Setting," Agricultural Economic Reports 33981, United States Department of Agriculture, Economic Research Service.
    11. Kim, Man-Keun & Curtis, Kynda R. & Yeager, Irvin, 2014. "An Assessment of Market Strategies for Small-Scale Produce Growers," International Food and Agribusiness Management Review, International Food and Agribusiness Management Association, vol. 17(3), pages 1-18, September.
    12. Harris, Thomas R. & Mapp, Harry P. Jr., 1981. "Irrigation Scheduling In The Oklahoma Panhandle Using Stochastic Dominance Theory," 1981 Annual Meeting, July 26-29, Clemson, South Carolina 279304, American Agricultural Economics Association (New Name 2008: Agricultural and Applied Economics Association).
    13. Ramaratnam, S. Sri & Rister, M. Edward & Bessler, David A. & Novak, James, 1986. "Risk Attitudes and Farm/Producer Attributes: A Case Study of Texas Coastal Bend Grain Sorghum Producers," Journal of Agricultural and Applied Economics, Cambridge University Press, vol. 18(2), pages 85-96, December.
    14. Musser, Wesley N. & Stamoulis, Kostas G., 1980. "Risk Transfer And Commodity Programs," Risk Analysis in Agriculture: Research and Educational Developments, January 16-18, 1980, Tucson, Arizona 271565, Regional Research Projects > W-149: An Economic Evaluation of Managing Market Risks in Agriculture.
    15. Duncan, Steven Scott, 1988. "The relevant forecast of variance of income for marketing decisions under uncertainty," ISU General Staff Papers 198801010800009839, Iowa State University, Department of Economics.
    16. Sulewski, Piotr & Kłoczko-Gajewska, Anna, 2014. "Farmers’ risk perception, risk aversion and strategies to cope with production risk: an empirical study from Poland," Studies in Agricultural Economics, Research Institute for Agricultural Economics, vol. 116(3), pages 1-8, December.
    17. Hardaker, J. B., 1982. "Fundamental Aspects Of Risk And Uncertainty In Agriculture," Agrekon, Agricultural Economics Association of South Africa (AEASA), vol. 21(2), October.
    18. Khojasteh, Khosrow, 1992. "Effects of farm characteristics and government disaster assistance on multiple-peril crop insurance purchases by Iowa crop farmers," ISU General Staff Papers 1992010108000010841, Iowa State University, Department of Economics.
    19. Patrick, George F. & Whitaker, Suzanne H. & Blake, Brian F., 1980. "Factors Affecting Farmers' Risk-Income Preferences," 1980 Annual Meeting, July 27-30, Urbana-Champaign, Illinois 278878, American Agricultural Economics Association (New Name 2008: Agricultural and Applied Economics Association).
    20. Neal Blue, E. & Tweeten, Luther, 1997. "The estimation of marginal utility of income for application to agricultural policy analysis," Agricultural Economics, Blackwell, vol. 16(3), pages 155-169, August.

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:ags:rrwr80:271571. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: AgEcon Search (email available below). General contact details of provider: .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.