Hansson, Helena
- Institutionen för ekonomi, Sveriges lantbruksuniversitet
Sammanfattning
A behavioral framework and psychometric theory were used to develop a domain-specific scale to measure farmers' preferences (attitudes) for risk, when the expected benefits and perceived risks of each domain were explicitly modeled. Exploratory factor analyses based on a sample of 237 Swedish farmers highlighted three risk domains, which we termed 'Up-to-date and in deliberate control of production,' 'Carefulness and planning in general' and 'Progressive farming.' The results suggested that farmers are risk-averse in all domains. External validation of the domain-specific measurement scale suggested that it could significantly predict the observed five-year volatility in farm income. The suggested domain-specific measurement scale is of practical importance for the farmers themselves, the agribusiness, and for policy-makers.
Nyckelord
agriculture; behavior; psychometrics; risk preferences; Sweden
Publicerad i
Journal of Risk Research
2012, volym: 15, nummer: 7, sidor: 737-753
Utgivare: ROUTLEDGE JOURNALS, TAYLOR & FRANCIS LTD
SLU författare
Lagerkvist, Carl-Johan
- Institutionen för ekonomi, Sveriges lantbruksuniversitet
- Institutionen för ekonomi, Sveriges lantbruksuniversitet
UKÄ forskningsämne
Ekonomi och näringsliv
Samhällsvetenskap
Jordbruksvetenskap
Publikationens identifierare
- DOI: https://doi.org/10.1080/13669877.2012.657217
Permanent länk till denna sida (URI)
https://res.slu.se/id/publ/45238