Measuring Farmer Risk Preferences in Europe: A Systematic Review

We present a systematic review of the extensive body of research on farmer riskpreference measurement across Europe. We capture the methodological develop-ments over time and discuss remaining challenges and potential areas for furtherresearch. Given the constantly evolving policy environment in Europe, and increas-ing climate-change related risks and uncertainties, there is large value to be gainedfrom enhancing our understanding of this fundamental aspect of farmers’ decision-making processes and consequent actions.     «

We present a systematic review of the extensive body of research on farmer riskpreference measurement across Europe. We capture the methodological develop-ments over time and discuss remaining challenges and potential areas for furtherresearch. Given the constantly evolving policy environment in Europe, and increas-ing climate-change related risks and uncertainties, there is large value to be gainedfrom enhancing our understanding of this fundamental aspect of farmers’ decision-making processes...     »