Work

Risk Preference and Long-Run Performance of the Dairy Farm

Year: 1986

Type: preprint

Abstract: Farm performance measures based upon 10 years of individual farm data are linearly regressed on risk preferences of 41 dairy farmers. Greater aversion to risk produces a lower average but more stable income, although the importance of risk preferences in determining long-run performance appears to be minor

Source: RePEc: Research Papers in Economics

DOI: 10.22004/ag.econ.186344

Authors: Tauer, Loren W., Tauer, Loren W.

Language: English

Topic: Decision-Making and Behavioral Economics

Subfield: General Decision Sciences

Field: Decision Sciences

Domain: Social Sciences

SDG: Zero hunger

Open Access status: green

OpenAlex ID: W2267442877

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Related to: 10