Consumer Inequality Aversion and Risk Preferences in Community Supported Agriculture

Kévin Bernard, Aurélie Bonein () and Douadia Bougherara
Additional contact information
Kévin Bernard: SMART-LERECO - Structures et Marché Agricoles, Ressources et Territoires - INRAE - Institut National de Recherche pour l’Agriculture, l’Alimentation et l’Environnement - INSTITUT AGRO Agrocampus Ouest - Institut Agro - Institut national d'enseignement supérieur pour l'agriculture, l'alimentation et l'environnement

Post-Print from HAL

Abstract: In community-supported agriculture (CSA), consumers face a tradeoff between (i.) the desire to support a CSA farmer and obtain environmentally-friendly goods and (ii.) the risk associated with a long-term commitment. We elicit inequality aversion and risk preferences of a sample of 162 French CSA consumers using incen-tivized field experiments. We find that CSA consumers are concerned about payoff inequalities. While we obtain evidence of advantageous inequality aversion toward CSA farmers, we also find disadvantageous inequality seeking. We find that CSA consumers are risk averse and loss averse and distort probabilities. We also observe that inequality and risk preferences in the loss domain might complement each other to strengthen consumers' support for CSA farmers.

Keywords: Inequality aversion preferences; Risk aversion; Field experiment; Community supported agriculture (search for similar items in EconPapers)
Date: 2020-09
New Economics Papers: this item is included in nep-agr, nep-exp and nep-upt
Note: View the original document on HAL open archive server: https://hal.inrae.fr/hal-02541728
References: Add references at CitEc
Citations: View citations in EconPapers (3)

Published in Ecological Economics, 2020, 175, ⟨10.1016/j.ecolecon.2020.106684⟩

Downloads: (external link)
https://hal.inrae.fr/hal-02541728/document (application/pdf)

Related works:
Journal Article: Consumer inequality aversion and risk preferences in community supported agriculture (2020)
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:hal:journl:hal-02541728

DOI: 10.1016/j.ecolecon.2020.106684

Access Statistics for this paper

More papers in Post-Print from HAL
Bibliographic data for series maintained by CCSD ().