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Title:

A comparison of hypothetical risk attitude elicitation instruments for explaining farmer crop insurance purchases

Document type:
Zeitschriftenaufsatz
Author(s):
Menapace, L.; G. Colson; R. Raffaelli
Non-TUM Co-author(s):
ja
Cooperation:
international
Abstract:
This article presents evidence on the stability and behavioural validity of alternative survey mechanisms for eliciting farmers' attitudes towards risk. Three hypothetical instruments are considered that differ in terms of the simplicity, context and payoff scale of the decision presented to respondents. Responses are assessed in terms of their relative ability to explain actual farmer crop insurance purchases. Results indicate that measures of risk attitudes are poorly correlated across alterna...     »
Keywords:
Economics and Econometrics; Agricultural and Biological Science
Intellectual Contribution:
Discipline-based Research
Journal title:
European Review of Agricultural Economics
Journal listet in FT50 ranking:
nein
Year:
2015
Journal volume:
43
Year / month:
2016-02
Journal issue:
1
Pages contribution:
43(1):113-134
Fulltext / DOI:
doi:10.1093/erae/jbv013
Publisher:
Oxford Academic
Judgement review:
0
Key publication:
Nein
Peer reviewed:
Ja
International:
Ja
Book review:
Nein
Commissioned:
not commissioned
Professional Journal:
Ja
Interdisciplinarity:
Nein
Mission statement:
;
Ethics and Sustainability:
Nein
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