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Risk Preferences and Environmental Uncertainty: Implications for Crop Diversification Decisions in Ethiopia

Mare Sarr () and Mintewab Bezabih

No 322, Working Papers from Economic Research Southern Africa

Abstract: To the extent that diversifying income portfolio is used as a strategy for shielding against production risk, both individual risk preferences and weather uncertainty could affect crop diversification decisions. This paper is concerned with empirically assessing the effects of risk preferences and rainfall variability on farm level diversity. Unique panel data from Ethiopia consisting of […]

Keywords: agriculture; Consumer Behavior; uncertainty (search for similar items in EconPapers)
JEL-codes: C33 C35 Q56 Q57 (search for similar items in EconPapers)
Date: 2013-01-01
New Economics Papers: this item is included in nep-afr, nep-agr, nep-cbe, nep-env, nep-exp and nep-upt
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Citations: View citations in EconPapers (5)

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Journal Article: Risk Preferences and Environmental Uncertainty: Implications for Crop Diversification Decisions in Ethiopia (2012) Downloads
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