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Risk Aversion, Subjective Beliefs, and Farmer Risk Management Strategies

Citations

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Cited by:

  1. Caroline Roussy & Aude Ridier & Karim Chaïb, 2014. "A methodological proposal to approach farmers’ adoption behavior: stated preferences and perceptions of the innovation," Post-Print hal-01123260, HAL.
  2. Buchholz, Matthias & Holst, Gesa & Musshoff, Oliver, 2015. "Water and irrigation policy impact assessment using business simulation games: evidence from northern Germany," Department of Agricultural and Rural Development (DARE) Discussion Papers 260781, Georg-August-Universitaet Goettingen, Department of Agricultural Economics and Rural Development (DARE).
  3. Edward Knapp & Jason Loughrey, 2017. "The single farm payment and income risk in Irish farms 2005–2013," Agricultural and Food Economics, Springer;Italian Society of Agricultural Economics (SIDEA), vol. 5(1), pages 1-15, December.
  4. Rohrig, Maren B.K. & Hardeweg, Bernd & Lentz, Wolfgang, 2018. "Efficient farming options for German apple growers under risk – a stochastic dominance approach," International Food and Agribusiness Management Review, International Food and Agribusiness Management Association, vol. 21(01).
  5. Fernandez-Vidal, Jorge & Alarcon, Silverio, 2025. "Financing agricultural innovation: Challenges and alternatives to venture capital in the AgTech sector," Food Policy, Elsevier, vol. 136(C).
  6. Ihli, Hanna Julia & Chiputwa, Brian & Musshoff, Oliver, 2013. "Do Changing Probabilities or Payoffs in Lottery-Choice Experiments Matter? Evidence from Rural Uganda," GlobalFood Discussion Papers 158146, Georg-August-Universitaet Goettingen, GlobalFood, Department of Agricultural Economics and Rural Development.
  7. Vigani, Mauro & Khafagy, Amr & Berry, Robert, 2024. "Public spending for agricultural risk management: Land use, regional welfare and intra-subsidy substitution," Food Policy, Elsevier, vol. 123(C).
  8. Liguo Zhang & Xuerong Li, 2016. "The Impact of Traditional Culture on Farmers’ Moral Hazard Behavior in Crop Production: Evidence from China," Sustainability, MDPI, vol. 8(7), pages 1-15, July.
  9. Giampietri, Elisa & Yu, Xiaohua & Trestini, Samuele, . "The role of trust and perceived barriers on farmer’s intention to adopt risk management tools," Bio-based and Applied Economics Journal, Italian Association of Agricultural and Applied Economics (AIEAA), vol. 9(01).
  10. Anna Napoli & Michael Matiu & Lavinia Laiti & Roberto Barbiero & Alberto Bellin & Dino Zardi & Bruno Majone, 2025. "Review on climate change impacts on the Water-Energy-Food-Ecosystems (WEFE) Nexus in the North-Eastern Italian Alps," Climatic Change, Springer, vol. 178(3), pages 1-26, March.
  11. Ruggiero Rippo & Simone Cerroni, 2023. "Farmers' participation in the Income Stabilisation Tool: Evidence from the apple sector in Italy," Journal of Agricultural Economics, Wiley Blackwell, vol. 74(1), pages 273-294, February.
  12. Richard KOENIG & Marielle BRUNETTE, 2023. "Subjective barriers and determinants to crop insurance adoption," Working Papers of BETA 2023-25, Bureau d'Economie Théorique et Appliquée, UDS, Strasbourg.
  13. Benjamin Dequiedt & Emmanuel Servonnat, 2016. "Risk as a limit or an opportunity to mitigate GHG emissions? The case of fertilisation in agriculture," Working Papers 1606, Chaire Economie du climat.
  14. Chai, Yuan & J. Pannell, David & G. Pardey, Philip, 2023. "Nudging farmers to reduce water pollution from nitrogen fertilizer," Food Policy, Elsevier, vol. 120(C).
  15. Charlotte Fabri & Sam Vermeulen & Steven Van Passel & Sergei Schaub, 2024. "Crop diversification and the effect of weather shocks on Italian farmers' income and income risk," Journal of Agricultural Economics, Wiley Blackwell, vol. 75(3), pages 955-980, September.
  16. Alessandro Banterle & Daniela Vandone, 2019. "Price volatility and risk management: The case of rice in the EU," Economia agro-alimentare, FrancoAngeli Editore, vol. 21(2), pages 255-274.
  17. Stetter, Christian & Sauer, Johannes, 2024. "Tackling climate change: Agroforestry adoption in the face of regional weather extremes," Ecological Economics, Elsevier, vol. 224(C).
  18. Chèze, Benoît & David, Maia & Martinet, Vincent, 2020. "Understanding farmers' reluctance to reduce pesticide use: A choice experiment," Ecological Economics, Elsevier, vol. 167(C).
  19. Feyisa, Ashenafi Duguma & Maertens, Miet & de Mey, Yann, 2023. "Relating risk preferences and risk perceptions over different agricultural risk domains: Insights from Ethiopia," World Development, Elsevier, vol. 162(C).
  20. Freudenreich, Hanna & Musshoff, Oliver, 2022. "Experience of losses and aversion to uncertainty - experimental evidence from farmers in Mexico," Ecological Economics, Elsevier, vol. 195(C).
  21. Xiaowo Wu & Jiangwei Tu & Boru Liu & Xi Zhou & Yanxiong Wu, 2022. "Credit Risk Evaluation of Forest Farmers under Internet Crowdfunding Mode: The Case of China’s Collective Forest Regions," Sustainability, MDPI, vol. 14(10), pages 1-17, May.
  22. Zack Guido & Sara Lopus & Kurt Waldman & Corrie Hannah & Andrew Zimmer & Natasha Krell & Chris Knudson & Lyndon Estes & Kelly Caylor & Tom Evans, 2021. "Perceived links between climate change and weather forecast accuracy: new barriers to tools for agricultural decision-making," Climatic Change, Springer, vol. 168(1), pages 1-20, September.
  23. Madelyn Clark & Peter Magati & Jeffrey Drope & Ronald Labonte & Raphael Lencucha, 2020. "Understanding Alternatives to Tobacco Production in Kenya: A Qualitative Analysis at the Sub-National Level," IJERPH, MDPI, vol. 17(6), pages 1-14, March.
  24. Guokui Wang & Yangyang Li & Guoqin Wu, 2025. "Risk Aversion Mediates the Impact of Environmental Change Perceptions on Farmers’ Livelihood Strategies: A PLS-SEM Study," Sustainability, MDPI, vol. 17(20), pages 1-19, October.
  25. repec:isu:genstf:201701010800006248 is not listed on IDEAS
  26. William Seitz & D La Torre, 2014. "Modelling Investment Optimization on Smallholder Farms through Multi-criteria Decision Approaches: An Example from Ethiopia," CSAE Working Paper Series 2014-06, Centre for the Study of African Economies, University of Oxford.
  27. Jérôme Faure & Esther Devilliers, 2023. "How integrating nature-based solutions into farmers' strategies can play on inefficient use of polluting inputs," Post-Print hal-04869177, HAL.
  28. Freudenreich, Hanna & Musshoff, Oliver & Wiercinski, Ben, "undated". "The Relationship between Farmers' Shock Experiences and their Uncertainty Preferences - Experimental Evidence from Mexico," GlobalFood Discussion Papers 256212, Georg-August-Universitaet Goettingen, GlobalFood, Department of Agricultural Economics and Rural Development.
  29. Inoue, Ryosuke & Kawasaki, Kentaro, 2026. "Can objective information update subjective beliefs on sustainable farming? Evidence from a randomized experiment with Japanese rice farmers," Ecological Economics, Elsevier, vol. 240(C).
  30. Hanna Freudenreich & Sindu W. Kebede, 2022. "Experience of shocks, household wealth and expectation formation: Evidence from smallholder farmers in Kenya," Agricultural Economics, International Association of Agricultural Economists, vol. 53(5), pages 756-774, September.
  31. Doan Nainggolan & Faizal Rahmanto Moeis & Mette Termansen, 2023. "Does risk preference influence farm level adaptation strategies? – Survey evidence from Denmark," Mitigation and Adaptation Strategies for Global Change, Springer, vol. 28(7), pages 1-23, October.
  32. Abdulai, Issaka & Hoffmann, Munir P. & Jassogne, Laurence & Asare, Richard & Graefe, Sophie & Tao, Hsiao-Hang & Muilerman, Sander & Vaast, Philippe & Van Asten, Piet & Läderach, Peter & Rötter, Reimun, 2020. "Variations in yield gaps of smallholder cocoa systems and the main determining factors along a climate gradient in Ghana," Agricultural Systems, Elsevier, vol. 181(C).
  33. Tong, Q. & Swallow, B. & Zhang, L. & Zhang, J., 2018. "Risk Attitude, Technical Efficiency and Adoption: An Integrated Approach to Climate-Smart Rice Production in the Jianghan Plain, China," 2018 Conference, July 28-August 2, 2018, Vancouver, British Columbia 277311, International Association of Agricultural Economists.
  34. Freudenreich, H., 2018. "Explaining Mexican Farmers Adoption of Hybrid Maize Seed - The Role of Social Psychology, Risk and Ambiguity Aversion," 2018 Conference, July 28-August 2, 2018, Vancouver, British Columbia 277410, International Association of Agricultural Economists.
  35. Thi Tam Duong & Tom Brewer & Jo Luck & Kerstin Zander, 2019. "A Global Review of Farmers’ Perceptions of Agricultural Risks and Risk Management Strategies," Agriculture, MDPI, vol. 9(1), pages 1-16, January.
  36. Bulut, Harun & Collins, Keith J., "undated". "Political Economy of Crop Insurance Risk Subsidies under Imperfect Information," 2013 Annual Meeting, August 4-6, 2013, Washington, D.C. 150577, Agricultural and Applied Economics Association.
  37. Miao, Ruiqing & Khanna, Madhu, 2017. "Costs of meeting a cellulosic biofuel mandate with perennial energy crops: Implications for policy," Energy Economics, Elsevier, vol. 64(C), pages 321-334.
  38. Weltin, M. & Zasada, I., 2018. "Adopting and Combining Strategies of Sustainable Intensification An Analysis of Interdependencies in Farmers Decision Making," 2018 Conference, July 28-August 2, 2018, Vancouver, British Columbia 276982, International Association of Agricultural Economists.
  39. Mianseli Elisabeth Tankoano & Martin Sawadogo, 2022. "Farmers' perceptions and adoption of agroecological practices in the Central-North region of Burkina Faso [Perceptions des agriculteurs et adoption des pratiques agroécologiques dans la région du Centre-Nord du Burkina Faso]," Post-Print hal-03939540, HAL.
  40. Han Zhang & Dongli Wu, 2023. "The Impact of Rural Industrial Integration on Agricultural Green Productivity Based on the Contract Choice Perspective of Farmers," Agriculture, MDPI, vol. 13(9), pages 1-20, September.
  41. Caroline Roussy & Aude Ridier & Karim Chaïb, 2014. "Adoption d’innovations par les agriculteurs : rôle des perceptions et des préférences," Post-Print hal-01123427, HAL.
  42. Elisa Giampietri & Giuseppe Bugin & Samuele Trestini, 2021. "On the association between risk attitude and fruit and vegetable consumption: insights from university students in Italy," Agricultural and Food Economics, Springer;Italian Society of Agricultural Economics (SIDEA), vol. 9(1), pages 1-16, December.
  43. Agarwal, Sandip & Jacobs, Keri L. & Weninger, Quinn, 2016. "Elicitation of Subjective Beliefs: A Pilot study of farmers' nitrogen management decision-making in Central Iowa," ISU General Staff Papers 201601010800001005, Iowa State University, Department of Economics.
  44. Sylvia Klosin & Adam Solomon, 2026. "Unpriced Diversification in US Crop Insurance," NBER Chapters, in: Risk and Risk Management in the Agricultural Economy, National Bureau of Economic Research, Inc.
  45. Trestini, Samuel & Giampietri, Elisa & Smiglak-Krajewska, Magdalena, "undated". "Farmer behaviour towards the agricultural risk management tools provided by the CAP: a comparison between Italy and Poland," 162nd Seminar, April 26-27, 2018, Budapest, Hungary 271978, European Association of Agricultural Economists.
  46. Bozzola, Martina & DiFalco, Salvatore & Finger, Robert, "undated". "Time variant risk preferences in agriculture: evidences from Italy," 2017 Annual Meeting, July 30-August 1, Chicago, Illinois 258365, Agricultural and Applied Economics Association.
  47. Opeyemi Obafemi Adelesi & Yean-Uk Kim & Heidi Webber & Peter Zander & Johannes Schuler & Seyed-Ali Hosseini-Yekani & Dilys Sefakor MacCarthy & Alhassan Lansah Abdulai & Karin van der Wiel & Pierre C. , 2023. "Accounting for Weather Variability in Farm Management Resource Allocation in Northern Ghana: An Integrated Modeling Approach," Sustainability, MDPI, vol. 15(9), pages 1-21, April.
  48. Marianne Lefebvre & Estelle Midler & Philippe Bontems, 2020. "Adoption of Environment-Friendly Agricultural Practices with Background Risk: Experimental Evidence," Environmental & Resource Economics, Springer;European Association of Environmental and Resource Economists, vol. 76(2), pages 405-428, July.
  49. Qian Deng & Yuhan Zhang & Zhuyu Lin & Xueping Gao & Zhenlin Weng, 2024. "The Impact of Digital Technology Application on Agricultural Low-Carbon Transformation—A Case Study of the Pesticide Reduction Effect of Plant Protection Unmanned Aerial Vehicles (UAVs)," Sustainability, MDPI, vol. 16(24), pages 1-16, December.
  50. Abdul Muis Hasibuan & Daniel Gregg & Randy Stringer, 2021. "The role of certification, risk and time preferences in promoting adoption of climate-resilient citrus varieties in Indonesia," Climatic Change, Springer, vol. 164(3), pages 1-21, February.
  51. De Lapparent, Alice & Sabatier, Rodolphe & Paut, Raphaël & Martin, Sophie, 2023. "Perennial transitions from market gardening towards mixed fruit tree - vegetable systems," Agricultural Systems, Elsevier, vol. 207(C).
  52. José Díaz-Montenegro & Raúl Minchala-Santander & Marco Faytong-Haro, 2025. "Risk Perception and Management Strategies Among Ecuadorian Cocoa Farmers: A Comprehensive Analysis of Attitudes and Decisions," Agriculture, MDPI, vol. 15(8), pages 1-25, April.
  53. Pham, Huong Dien & Waibel, Hermann, 2018. "Risk attitudes, knowledge, skills and agricultural productivity," TVSEP Working Papers wp-007, Leibniz Universitaet Hannover, Institute for Environmental Economics and World Trade, Project TVSEP.
  54. Sauer, Johannes & Finger, Robert, 2014. "Climate Risk Management Strategies in Agriculture – The Case of Flood Risk," 2014 Annual Meeting, July 27-29, 2014, Minneapolis, Minnesota 172679, Agricultural and Applied Economics Association.
  55. Susanne Hanger-Kopp & Marlene Palka, 2022. "Decision spaces in agricultural risk management: a mental model study of Austrian crop farmers," Environment, Development and Sustainability: A Multidisciplinary Approach to the Theory and Practice of Sustainable Development, Springer, vol. 24(5), pages 6072-6098, May.
  56. Tóth, József & Nemes, Anna, 2014. "Market-type and government supported risk management in the Hungarian agriculture," 2014 International Congress, August 26-29, 2014, Ljubljana, Slovenia 182854, European Association of Agricultural Economists.
  57. 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.
  58. Adong, Annet & Ambler, Kate & Bloem, Jeffrey R. & de Brauw, Alan & Herskowitz, Sylvan & Islam, A.H.M. Saiful & Wagner, Julia, 2025. "The unmet financial needs of intermediary firms within agri-food value chains in Uganda and Bangladesh," Food Policy, Elsevier, vol. 132(C).
  59. Xiaoying Wang & Hangang Hu & Aifeng Ning & Guan Li & Xueqi Wang, 2022. "The Impact of Farmers’ Perception on Their Cultivated Land Quality Protection Behavior: A Case Study of Ningbo, China," Sustainability, MDPI, vol. 14(10), pages 1-21, May.
  60. 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.
  61. Stefanos A. Nastis & Konstadinos Mattas & George Baourakis, 2019. "Understanding Farmers’ Behavior towards Sustainable Practices and Their Perceptions of Risk," Sustainability, MDPI, vol. 11(5), pages 1-13, March.
  62. Ladina Knapp & David Wuepper & Robert Finger, 2021. "Preferences, personality, aspirations, and farmer behavior," Agricultural Economics, International Association of Agricultural Economists, vol. 52(6), pages 901-913, November.
  63. Mavroutsikos, Charalampos & Giannakas, Konstantinos & Walters, Cory G., "undated". "Crop Insurance under Asymmetric Information and Different Government Objectives," 2018 Annual Meeting, August 5-7, Washington, D.C. 273880, Agricultural and Applied Economics Association.
  64. Raghavendra Kushawaha & Naresh Kumar Sharma, 2025. "Risk behavior among farmers: examining expected utility and prospect theory approach," Journal of Social and Economic Development, Springer;Institute for Social and Economic Change, vol. 27(1), pages 20-46, April.
  65. 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.
  66. Nadia A. Streletskaya & Samuel D. Bell & Maik Kecinski & Tongzhe Li & Simanti Banerjee & Leah H. Palm‐Forster & David Pannell, 2020. "Agricultural Adoption and Behavioral Economics: Bridging the Gap," Applied Economic Perspectives and Policy, John Wiley & Sons, vol. 42(1), pages 54-66, March.
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