Learning by Doing, Risk Aversion and Use of Risk Management Strategies

Hiroki Uematsu and Ashok Mishra ()

No 103851, 2011 Annual Meeting, July 24-26, 2011, Pittsburgh, Pennsylvania from Agricultural and Applied Economics Association

Abstract: Using a national survey, double hurdle models are estimated to examine the impact of farmers’ risk attitude on use of production and marketing contracts. Risk averse farmers are less likely to use contracts but risk attitude does not have any significant impact on the intensity at which contracts are adopted.

Keywords: Agribusiness; Crop Production/Industries; Farm Management; Livestock Production/Industries; Marketing; Risk and Uncertainty (search for similar items in EconPapers)
Pages: 23
Date: 2011
New Economics Papers: this item is included in nep-upt
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Persistent link: https://EconPapers.repec.org/RePEc:ags:aaea11:103851

DOI: 10.22004/ag.econ.103851

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