IDEAS home Printed from https://ideas.repec.org/a/uwp/landec/v96y2020i1p132-148.html
   My bibliography  Save this article

Time Preferences of Food Producers: Does “Cultivate and Grow” Matter?

Author

Listed:
  • Yayan Hernuryadin
  • Koji Kotani
  • Tatsuyoshi Saijo

Abstract

Resource scarcity and food security are important issues due to overexploitation of natural resources. Fishing and farming have been two main occupations that produce food; however, their production modes are distinct in that fishermen (farmers) harvest (cultivate, grow, and harvest). It is hypothesized that such differences in production modes characterize their time preferences and discounting behaviors. We have conducted a discounting elicitation experiment for fishermen and farmers in Indonesia. The statistical analysis shows that fishermen are much more shortsighted than farmers, implying that fishermen should be encouraged to nurture a culture of cultivating and growing for sustainability of fish stock.

Suggested Citation

  • Yayan Hernuryadin & Koji Kotani & Tatsuyoshi Saijo, 2020. "Time Preferences of Food Producers: Does “Cultivate and Grow” Matter?," Land Economics, University of Wisconsin Press, vol. 96(1), pages 132-148.
  • Handle: RePEc:uwp:landec:v:96:y:2020:i:1:p:132-148
    Note: DOI: 10.3368/le.96.1.132
    as

    Download full text from publisher

    File URL: http://le.uwpress.org/cgi/reprint/96/1/132
    Download Restriction: A subscripton is required to access pdf files. Pay per article is available.
    ---><---

    As the access to this document is restricted, you may want to look for a different version below or search for a different version of it.

    Other versions of this item:

    References listed on IDEAS

    as
    1. Akpalu, Wisdom, 2008. "Fishing regulations, individual discount rate, and fisherman behaviour in a developing country fishery," Environment and Development Economics, Cambridge University Press, vol. 13(5), pages 591-606, October.
    2. Shibly Shahrier & Koji Kotani & Makoto Kakinaka, 2016. "Social Value Orientation and Capitalism in Societies," PLOS ONE, Public Library of Science, vol. 11(10), pages 1-19, October.
    3. Shibly Shahrier & Koji Kotani & Tatsuyoshi Saijo, 2016. "Intergenerational sustainability and the degree of capitalism in the society: A field experiment," Working Papers SDES-2016-10, Kochi University of Technology, School of Economics and Management, revised Jul 2016.
    4. Fehr, Ernst & Leibbrandt, Andreas, 2011. "A field study on cooperativeness and impatience in the Tragedy of the Commons," Journal of Public Economics, Elsevier, vol. 95(9-10), pages 1144-1155, October.
    5. Koenker, Roger W & Bassett, Gilbert, Jr, 1978. "Regression Quantiles," Econometrica, Econometric Society, vol. 46(1), pages 33-50, January.
    6. Glenn W. Harrison & Morten I. Lau & Melonie B. Williams, 2002. "Estimating Individual Discount Rates in Denmark: A Field Experiment," American Economic Review, American Economic Association, vol. 92(5), pages 1606-1617, December.
    7. Quang Nguyen & Colin Camerer & Tomomi Tanaka, 2010. "Risk and Time Preferences Linking Experimental and Household Data from Vietnam," Post-Print halshs-00547090, HAL.
    8. Uri Gneezy & Andreas Leibbrandt & John List, 2016. "THE RISE AND FALL OF COMPETITIVENESS: Experimental Evidence from Individualistic and Collectivistic Societies," Natural Field Experiments 00579, The Field Experiments Website.
    9. Silvia Ferrari & Francisco Cribari-Neto, 2004. "Beta Regression for Modelling Rates and Proportions," Journal of Applied Statistics, Taylor & Francis Journals, vol. 31(7), pages 799-815.
    10. Quang Nguyen, 2011. "Does nurture matter: Theory and experimental investigation on the effect of working environment on risk and time preferences," Journal of Risk and Uncertainty, Springer, vol. 43(3), pages 245-270, December.
    11. Roger Koenker & Kevin F. Hallock, 2001. "Quantile Regression," Journal of Economic Perspectives, American Economic Association, vol. 15(4), pages 143-156, Fall.
    12. Tomomi Tanaka & Colin F. Camerer & Quang Nguyen, 2010. "Risk and Time Preferences: Linking Experimental and Household Survey Data from Vietnam," American Economic Review, American Economic Association, vol. 100(1), pages 557-571, March.
    13. Johnson, Ayana Elizabeth & Saunders, Daniel Kaiser, 2014. "Time preferences and the management of coral reef fisheries," Ecological Economics, Elsevier, vol. 100(C), pages 130-139.
    14. Eric Duquette & Nathaniel Higgins & John Horowitz, 2012. "Farmer Discount Rates: Experimental Evidence," American Journal of Agricultural Economics, Agricultural and Applied Economics Association, vol. 94(2), pages 451-456.
    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. Raja R Timilsina & Yutaka Kobayashi & Koji Kotani, 2022. "Non-kinship successors for resource sustainability," Working Papers SDES-2022-2, Kochi University of Technology, School of Economics and Management, revised Jan 2022.
    2. Timilsina, Raja R & Kotani, Koji & Nakagawa, Yoshinori & Saijo, Tatsuyoshi, 2021. "Concerns for future generations in societies: A deliberative analysis of the intergenerational sustainability dilemma," Journal of Behavioral and Experimental Economics (formerly The Journal of Socio-Economics), Elsevier, vol. 90(C).
    3. Timilsina, Raja R. & Kotani, Koji & Nakagawa, Yoshinori & Saijo, Tatsuyoshi, 2022. "Intragenerational deliberation and intergenerational sustainability dilemma," European Journal of Political Economy, Elsevier, vol. 73(C).

    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. Yayan Hernuryadin & Koji Kotani & Yoshio Kamijo, 2019. "Time Preferences between Individuals and Groups in the Transition from Hunter-Gatherer to Industrial Societies," Sustainability, MDPI, vol. 11(2), pages 1-21, January.
    2. Yayan Hernuryadin & Koji Kotani & Tatsuyoshi Saijo, 2018. "Individual time preferences of married couples in a fisheries society," Working Papers SDES-2018-5, Kochi University of Technology, School of Economics and Management, revised Aug 2018.
    3. Jindrich Matousek & Tomas Havranek & Zuzana Irsova, 2022. "Individual discount rates: a meta-analysis of experimental evidence," Experimental Economics, Springer;Economic Science Association, vol. 25(1), pages 318-358, February.
    4. Sawosri, Arieska Wening & Mußhoff, Oliver, 2020. "Risk and time preferences of farmers in India and Indonesia," EFForTS Discussion Paper Series 32, University of Goettingen, Collaborative Research Centre 990 "EFForTS, Ecological and Socioeconomic Functions of Tropical Lowland Rainforest Transformation Systems (Sumatra, Indonesia)".
    5. Lloyd-Smith, Patrick & Adamowicz, Wiktor & Entem, Alicia & Fenichel, Eli P. & Rouhi Rad, Mani, 2021. "The decade after tomorrow: Estimation of discount rates from realistic temporal decisions over long time horizons," Journal of Economic Behavior & Organization, Elsevier, vol. 183(C), pages 158-174.
    6. Aneeque Javaid & Micaela M Kulesz & Achim Schlüter & Alexandra Ghosh & Narriman S Jiddawi, 2016. "Time Preferences and Natural Resource Extraction Behavior: An Experimental Study from Artisanal Fisheries in Zanzibar," PLOS ONE, Public Library of Science, vol. 11(12), pages 1-14, December.
    7. Bocquého, Géraldine & Jacquet, Florence & Reynaud, Arnaud, 2013. "Reversal and magnitude effects in long-term time preferences: Results from a field experiment," Economics Letters, Elsevier, vol. 120(1), pages 108-111.
    8. Boonmanunt, Suparee & Lauer, Thomas & Rockenbach, Bettina & Weiss, Arne, 2020. "Field evidence on the role of time preferences in conservation behavior," Journal of Environmental Economics and Management, Elsevier, vol. 104(C).
    9. Timilsina, Raja R. & Kotani, Koji & Nakagawa, Yoshinori & Saijo, Tatsuyoshi, 2022. "Intragenerational deliberation and intergenerational sustainability dilemma," European Journal of Political Economy, Elsevier, vol. 73(C).
    10. Liebenehm, S. & Waibel, H., 2014. "Risk and Time Preferences of West African Cattle Farmers," Proceedings “Schriften der Gesellschaft für Wirtschafts- und Sozialwissenschaften des Landbaues e.V.”, German Association of Agricultural Economists (GEWISOLA), vol. 49, March.
    11. Louise S. L. Teh & Lydia C. L. Teh & U. Rashid Sumaila, 2011. "Low Discounting Behavior among Small-Scale Fishers in Fiji and Sabah, Malaysia," Sustainability, MDPI, vol. 3(6), pages 1-17, June.
    12. Liebenehm, Sabine & Waibel, Hermann, 2013. "Risk and Time Preferences of West African Cattle Farmers," 53rd Annual Conference, Berlin, Germany, September 25-27, 2013 156110, German Association of Agricultural Economists (GEWISOLA).
    13. Giuseppe Albanese & Guido de Blasio & Paolo Sestito, 2017. "Trust, risk and time preferences: evidence from survey data," International Review of Economics, Springer;Happiness Economics and Interpersonal Relations (HEIRS), vol. 64(4), pages 367-388, December.
    14. Raja Timilsina & Koji Kotani & Yoshinori Nakagawa & Tatsuyoshi Saijo, 2018. "Does deliberation change individual opinions and hence resolve the intergenerational sustainability dilemma in societies?," Working Papers SDES-2018-7, Kochi University of Technology, School of Economics and Management, revised Oct 2018.
    15. Meier, Stephan & Sprenger, Charles D., 2013. "Discounting financial literacy: Time preferences and participation in financial education programs," Journal of Economic Behavior & Organization, Elsevier, vol. 95(C), pages 159-174.
    16. Vischer, Thomas & Dohmen, Thomas & Falk, Armin & Huffman, David & Schupp, Jürgen & Sunde, Uwe & Wagner, Gert G., 2013. "Validating an Ultra-Short Survey Measure of Patience," EconStor Open Access Articles and Book Chapters, ZBW - Leibniz Information Centre for Economics, pages 142-145.
    17. Jonathan Chapman & Erik Snowberg & Stephanie Wang & Colin Camerer, 2018. "Loss Attitudes in the U.S. Population: Evidence from Dynamically Optimized Sequential Experimentation (DOSE)," NBER Working Papers 25072, National Bureau of Economic Research, Inc.
    18. Tristan Le Cotty & Elodie Maître d’Hôtel & Raphael Soubeyran & Julie Subervie, 2018. "Linking Risk Aversion, Time Preference and Fertiliser Use in Burkina Faso," Journal of Development Studies, Taylor & Francis Journals, vol. 54(11), pages 1991-2006, November.
    19. Molla Alemayehu & Joost Beuving & Ruerd Ruben, 2019. "Disentangling Poor Smallholder Farmers’ Risk Preferences and Time Horizons: Evidence from a Field Experiment in Ethiopia," The European Journal of Development Research, Palgrave Macmillan;European Association of Development Research and Training Institutes (EADI), vol. 31(3), pages 558-580, July.
    20. Carvalho, Leandro S. & Prina, Silvia & Sydnor, Justin, 2016. "The effect of saving on risk attitudes and intertemporal choices," Journal of Development Economics, Elsevier, vol. 120(C), pages 41-52.

    More about this item

    JEL classification:

    • Q18 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Agriculture - - - Agricultural Policy; Food Policy
    • Q22 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Renewable Resources and Conservation - - - Fishery

    Statistics

    Access and download statistics

    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:uwp:landec:v:96:y:2020:i:1:p:132-148. See general information about how to correct material in RePEc.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: . General contact details of provider: http://le.uwpress.org/ .

    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: (email available below). General contact details of provider: http://le.uwpress.org/ .

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

    IDEAS is a RePEc service hosted by the Research Division of the Federal Reserve Bank of St. Louis . RePEc uses bibliographic data supplied by the respective publishers.