Work

Factors Affecting Farmers' Risk-income Preferences

Year: 1980

Type: preprint

Abstract: Risk-income preferences are derived from 91 Central Indiana farmers using magnitude estimation. Variability-income and bankruptcyincome measures developed are related to socioeconomic variables. Wealth and education have limited effects compared with off-farm employment, percent debt, and expected levels of income, percent debt and net worth growth.

Source: RePEc: Research Papers in Economics

DOI: 10.22004/ag.econ.278878

Authors: Patrick, George F., Whitaker, Suzanne H., Blake, Brian F.

Language: English

Topic: Decision-Making and Behavioral Economics

Subfield: General Decision Sciences

Field: Decision Sciences

Domain: Social Sciences

SDGs: Decent work and economic growth, Zero hunger, No poverty

Open Access status: green

OpenAlex ID: W337639206

Cites:

Cited by: 1

Related to: 10