Examining how Risk Preferences and Information Affect Livestock Risk Protection Use
Author
Abstract
Suggested Citation
DOI: 10.22004/ag.econ.343568
Download full text from publisher
References listed on IDEAS
- Griffith, Andrew P. & DeLong, Karen L. & Jensen, Kim L. & Boyer, Chris N. & Martinez, Charley, "undated". "Feeder Cattle Genomic Tests: Analyzing Cattle Producer Adoption Decisions," Extension Reports 338376, University of Tennessee, Department of Agricultural and Resource Economics.
- Chad E. Hart & Bruce A. Babcock & Dermot J. Hayes, 2001.
"Livestock Revenue Insurance,"
Journal of Futures Markets, John Wiley & Sons, Ltd., vol. 21(6), pages 553-580, June.
- Hart, Chad E. & Babcock, Bruce A. & Hayes, Dermot J., 2000. "Livestock Revenue Insurance," Papers 18356, Hebrew University of Jerusalem Archive.
- Hart, Chad E. & Babcock, Bruce & Hayes, Dermot J., 2001. "Livestock Revenue Insurance," ISU General Staff Papers 200104250700001290, Iowa State University, Department of Economics.
- Hart, Chad E. & Babcock, Bruce A. & Hayes, Dermot J., 2001. "Livestock Revenue Insurance," Staff General Research Papers Archive 1932, Iowa State University, Department of Economics.
- Chad E. Hart & Bruce A. Babcock & Dermot J. Hayes, 2001. "Livestock Revenue Insurance," Center for Agricultural and Rural Development (CARD) Publications 99-wp224, Center for Agricultural and Rural Development (CARD) at Iowa State University.
- Burdine, Kenneth H. & Halich, Greg, 2014. "Payout Analysis of Livestock Risk Protection Insurance for Feeder Cattle," Journal of the ASFMRA, American Society of Farm Managers and Rural Appraisers, vol. 2014, pages 1-14.
- Thomas Dohmen & Armin Falk & David Huffman & Uwe Sunde & Jürgen Schupp & Gert G. Wagner, 2011.
"Individual Risk Attitudes: Measurement, Determinants, And Behavioral Consequences,"
Journal of the European Economic Association, European Economic Association, vol. 9(3), pages 522-550, June.
- Dohmen, T.J. & Falk, A. & Huffman, D. & Sunde, U. & Schupp, J., 2009. "Individual risk attitudes: measurement, determinants and behavioral consequences," ROA Research Memorandum 006, Maastricht University, Research Centre for Education and the Labour Market (ROA).
- Dohmen, T.J. & Falk, A. & Huffman, D. & Sunde, U. & Schupp, J. & Wagner, G.G., 2009. "Individual risk attitudes: measurement, determinants and behavioral consequences," Research Memorandum 039, Maastricht University, Maastricht Research School of Economics of Technology and Organization (METEOR).
- Dohmen, Thomas J. & Falk, Armin & Huffman, David & Sunde, Uwe & Schupp, Jürgen & Wagner, Gert G., 2011. "Individual risk attitudes: Measurement, determinants, and behavioral consequences," Munich Reprints in Economics 20048, University of Munich, Department of Economics.
- Dohmen, Thomas J. & Falk, Armin & Huffman, David & Sunde, Uwe & Schupp, Jürgen & Wagner, Gert G., 2009. "Individual risk attitudes: Measurement, determinants and behavioral consequences," Munich Reprints in Economics 20049, University of Munich, Department of Economics.
- Belasco, Eric J. & Taylor, Mykel R. & Goodwin, Barry K. & Schroeder, Ted C., 2009.
"Probabilistic Models of Yield, Price, and Revenue Risks for Fed Cattle Production,"
Journal of Agricultural and Applied Economics, Southern Agricultural Economics Association, vol. 41(01), pages 1-15, April.
- Belasco, Eric J. & Taylor, Mykel R. & Goodwin, Barry K. & Schroeder, Ted C., 2009. "Probabilistic Models of Yield, Price, and Revenue Risks for Fed Cattle Production," Journal of Agricultural and Applied Economics, Cambridge University Press, vol. 41(1), pages 91-105, April.
- Belasco, Eric J. & Taylor, Mykel R. & Goodwin, Barry K., 2006. "Probabilistic Models of Yield, Price, and Revenue Risks for Fed Cattle Production," 2006 Annual meeting, July 23-26, Long Beach, CA 21265, American Agricultural Economics Association (New Name 2008: Agricultural and Applied Economics Association).
- McKendree, Melissa G.S. & Tonsor, Glynn T. & Schulz, Lee L., 2021.
"Management of Multiple Sources of Risk in Livestock Production,"
Journal of Agricultural and Applied Economics, Cambridge University Press, vol. 53(1), pages 75-93, February.
- McKendree, Melissa G. S. & Tonsor, Glynn T. & Schulz, Lee L., 2021. "Management of Multiple Sources of Risk in Livestock Production," ISU General Staff Papers 202101010800001793, Iowa State University, Department of Economics.
- Ihli, Hanna Julia & Chiputwa, Brian & Musshoff, Oliver, 2016. "Do Changing Probabilities or Payoffs in Lottery-Choice Experiments Affect Risk Preference Outcomes? Evidence from Rural Uganda," Journal of Agricultural and Resource Economics, Western Agricultural Economics Association, vol. 41(2), May.
- Barry K. Goodwin & Ted C. Schroeder, 1994. "Human Capital, Producer Education Programs, and the Adoption of Forward-Pricing Methods," American Journal of Agricultural Economics, Agricultural and Applied Economics Association, vol. 76(4), pages 936-947.
- Bruce J. Sherrick & Peter J. Barry & Paul N. Ellinger & Gary D. Schnitkey, 2004. "Factors Influencing Farmers' Crop Insurance Decisions," American Journal of Agricultural Economics, John Wiley & Sons, vol. 86(1), pages 103-114, February.
- Jeffrey M Wooldridge, 2010.
"Econometric Analysis of Cross Section and Panel Data,"
MIT Press Books,
The MIT Press,
edition 2, volume 1, number 0262232588, December.
- Jeffrey M. Wooldridge, 2001. "Econometric Analysis of Cross Section and Panel Data," MIT Press Books, The MIT Press, edition 1, volume 1, number 0262232197, December.
- Boyer, Christopher N. & Lambert, Dayton M. & Griffith, Andrew P. & Clark, Christopher D. & English, Burton, 2020. "Seasonal Hay Feeding for Cattle Production in the Fescue Belt," Journal of Agricultural and Applied Economics, Cambridge University Press, vol. 52(1), pages 16-29, February.
- Fields, Deacue & Gillespie, Jeffrey, 2008.
"Beef Producer Preferences and Purchase Decisions for Livestock Price Insurance,"
Journal of Agricultural and Applied Economics, Cambridge University Press, vol. 40(3), pages 789-803, December.
- Fields, Deacue & Gillespie, Jeffrey M., 2008. "Beef Producer Preferences and Purchase Decisions for Livestock Price Insurance," Journal of Agricultural and Applied Economics, Southern Agricultural Economics Association, vol. 40(3), pages 1-15, December.
- Pruitt, J. Ross & Gillespie, Jeffrey M. & Nehring, Richard F. & Qushim, Berdikul, 2012.
"Adoption of Technology, Management Practices, and Production Systems by U.S. Beef Cow-Calf Producers,"
Journal of Agricultural and Applied Economics, Cambridge University Press, vol. 44(2), pages 203-222, May.
- Pruitt, J. Ross & Gillespie, Jeffrey M. & Nehring, Richard F. & Qushim, Berdikul, 2012. "Adoption of Technology, Management Practices, and Production Systems by U.S. Beef Cow-Calf Producers," Journal of Agricultural and Applied Economics, Southern Agricultural Economics Association, vol. 44(2), pages 1-20, May.
- Boyer, Christopher N. & Lambert, Dayton M. & Griffith, Andrew P. & Clark, Christopher D., 2022. "Factors Influencing Use and Frequency of Rotational Grazing for Beef Cattle in Tennessee," Journal of Agricultural and Applied Economics, Cambridge University Press, vol. 54(2), pages 394-406, May.
- Kinfe G. Bishu & Seamus O’Reilly & Edward Lahiff & Bodo Steiner, 2018. "Cattle farmers’ perceptions of risk and risk management strategies: evidence from Northern Ethiopia," Journal of Risk Research, Taylor & Francis Journals, vol. 21(5), pages 579-598, May.
- Bruce J. Sherrick & Peter J. Barry & Paul N. Ellinger & Gary D. Schnitkey, 2004. "Factors Influencing Farmers' Crop Insurance Decisions," American Journal of Agricultural Economics, Agricultural and Applied Economics Association, vol. 86(1), pages 103-114.
- Ashok K. Mishra & Hisham S. El‐Osta, 2002. "Managing risk in agriculture through hedging and crop insurance: what does a national survey reveal?," Agricultural Finance Review, Emerald Group Publishing Limited, vol. 62(2), pages 135-148, November.
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.- repec:ags:aaea22:343568 is not listed on IDEAS
- Christopher N. Boyer & Karen L. DeLong & Andrew P. Griffith & Charles C. Martinez, 2024. "Factors influencing United States cattle producers use of livestock risk protection," Agricultural Economics, International Association of Agricultural Economists, vol. 55(4), pages 677-689, July.
- repec:ags:aaea22:335429 is not listed on IDEAS
- Boyer, Christopher N. & Park, Eunchun & Griffith, Andrew P. & DeLong, Karen L. & Martinez, Charles, 2023. "Impact of Subsidy on Livestock Risk Protection for Fed and Feeder Cattle," 2023 Annual Meeting, July 23-25, Washington D.C. 335429, Agricultural and Applied Economics Association.
- Nordmeyer, Eike Florenz, 2023. "German farmers' perceived usefulness of satellite-based index insurance - Insights from a transtheoretical model," 97th Annual Conference, March 27-29, 2023, Warwick University, Coventry, UK 334557, Agricultural Economics Society - AES.
- Griffith, Andrew P. & Boyer, Christopher N. & Kane, Ian, "undated". "Literature Review: Price Risk Management Contributions to Economic Sustainability in the Cattle Industry," Extension Reports 322767, University of Tennessee, Department of Agricultural and Resource Economics.
- Boyer, Christopher N. & Griffith, Andrew P., 2023. "Subsidy Rate Changes on Livestock Risk Protection for Feeder Cattle," Journal of Agricultural and Resource Economics, Western Agricultural Economics Association, vol. 48(01), January.
- Luigi Biagini & Simone Severini, 2021. "The role of Common Agricultural Policy (CAP) in enhancing and stabilising farm income: an analysis of income transfer efficiency and the Income Stabilisation Tool," Papers 2104.14188, arXiv.org.
- Marius Michels & Oliver Mußhoff, 2025. "Psychological factors as triggers for futures trading adoption: evidence from German farmers," Agricultural and Food Economics, Springer;Italian Society of Agricultural Economics (SIDEA), vol. 13(1), pages 1-19, December.
- De Salvo, Maria & Capitello, Roberta & Gaudenzi, Barbara & Begalli, Diego, 2019. "Risk management strategies and residual risk perception in the wine industry: A spatial analysis in Northeast Italy," Land Use Policy, Elsevier, vol. 83(C), pages 47-62.
- Yanyuan Zhang & Xintong Wu, 2023. "Risk Management Effects of Insurance Purchase and Organization Participation: Which Is More Effective?," Agriculture, MDPI, vol. 13(10), pages 1-16, September.
- McKendree, Melissa G.S. & Tonsor, Glynn T. & Schulz, Lee, "undated". "Feedlot operators’ decision making regarding price and animal health risk," 2017 Annual Meeting, July 30-August 1, Chicago, Illinois 258462, Agricultural and Applied Economics Association.
- Peter John Robinson & W. J. Wouter Botzen, 2022. "Setting descriptive norm nudges to promote demand for insurance against increasing climate change risk," The Geneva Papers on Risk and Insurance - Issues and Practice, Palgrave Macmillan;The Geneva Association, vol. 47(1), pages 27-49, January.
- James Banks & Elena Bassoli & Irene Mammi, 2019. "Changing Risk Preferences at Older Ages," Working Papers 2019:01, Department of Economics, University of Venice "Ca' Foscari".
- Farhad Zulfiqar & Raza Ullah & Muhammad Abid & Abid Hussain, 2016. "Cotton production under risk: a simultaneous adoption of risk coping tools," Natural Hazards: Journal of the International Society for the Prevention and Mitigation of Natural Hazards, Springer;International Society for the Prevention and Mitigation of Natural Hazards, vol. 84(2), pages 959-974, November.
- H. Holly Wang & Lu Liu & David L. Ortega & Yu Jiang & Qiujie Zheng, 2020. "Are smallholder farmers willing to pay for different types of crop insurance? An application of labelled choice experiments to Chinese corn growers," The Geneva Papers on Risk and Insurance - Issues and Practice, Palgrave Macmillan;The Geneva Association, vol. 45(1), pages 86-110, January.
- Baktash, Mehrzad B. & Heywood, John S. & Jirjahn, Uwe, 2022.
"Worker stress and performance pay: German survey evidence,"
Journal of Economic Behavior & Organization, Elsevier, vol. 201(C), pages 276-291.
- Baktash, Mehrzad B. & Heywood, John S. & Jirjahn, Uwe, 2021. "Worker Stress and Performance Pay: German Survey Evidence," GLO Discussion Paper Series 1000, Global Labor Organization (GLO).
- Baktash, Mehrzad B. & Heywood, John S. & Jirjahn, Uwe, 2021. "Worker Stress and Performance Pay: German Survey Evidence," IZA Discussion Papers 14939, Institute of Labor Economics (IZA).
- Anastassiadis Friederike & Feil Jan-Henning & Musshoff Oliver & Schilling Philipp, 2014.
"Analysing Farmers’ Use of Price Hedging Instruments: An Experimental Approach,"
Journal of Agricultural & Food Industrial Organization, De Gruyter, vol. 12(1), pages 181-192, January.
- Feil, J.-H. & Anastassiadis, F. & Mußhoff, O. & Schilling, P., . "Analysing Farmers’ Use of Price Hedging Instruments: An Experimental Approach," Proceedings “Schriften der Gesellschaft für Wirtschafts- und Sozialwissenschaften des Landbaues e.V.”, German Association of Agricultural Economists (GEWISOLA), vol. 50.
- Anastassiadis, Friederieke & Feil, Jan-Henning & Musshoff, Oliver & Schilling, Philipp, 2013. "Analysing farmers' use of price hedging instruments: an experimental approach," DARE Discussion Papers 1306, Georg-August University of Göttingen, Department of Agricultural Economics and Rural Development (DARE).
- Anastassiadis, Friederike & Feil, Jan-Henning & Mußhoff, Oliver & Schilling, Philipp, 2014. "Analysing Farmers’ Use Of Price Hedging In-Struments: An Experimental Approach," 54th Annual Conference, Goettingen, Germany, September 17-19, 2014 187361, German Association of Agricultural Economists (GEWISOLA).
- Loughrey, J. & Thorne, F. & Kinsella, A. & Hennessy, T. & O'Donoghue, C. & Vollenweider, X., . "Market risk management and the demand for forward contracts among Irish dairy farmers," International Journal of Agricultural Management, Institute of Agricultural Management, vol. 4(4).
- Xinru Chen & Yuan Jiang & Tianwei Wang & Kexuan Zhou & Jiayi Liu & Huirong Ben & Weidong Wang, 2025. "Enhancing Farmer Resilience Through Agricultural Insurance: Evidence from Jiangsu, China," Agriculture, MDPI, vol. 15(14), pages 1-30, July.
- Roberto Roca Paz & Silke Uebelmesser, 2021. "Risk attitudes and migration decisions," Journal of Regional Science, Wiley Blackwell, vol. 61(3), pages 649-684, June.
- Massimo Filippini & Nilkanth Kumar & Suchita Srinivasan, 2021. "Behavioral Anomalies and Fuel Efficiency: Evidence from Motorcycles in Nepal," CER-ETH Economics working paper series 21/353, CER-ETH - Center of Economic Research (CER-ETH) at ETH Zurich.
More about this item
Keywords
; ; ;NEP fields
This paper has been announced in the following NEP Reports:- NEP-AGR-2025-12-15 (Agricultural Economics)
Statistics
Access and download statisticsCorrections
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:aaea24:343568. 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: https://edirc.repec.org/data/aaeaaea.html .
Please note that corrections may take a couple of weeks to filter through the various RePEc services.
Printed from https://ideas.repec.org/p/ags/aaea24/343568.html