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

Author

Listed:
  • Uematsu, Hiroki
  • Ashok, Mishra K.
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.

Suggested Citation

  • Uematsu, Hiroki & Ashok, Mishra K., 2011. "Learning by Doing, Risk Aversion and Use of Risk Management Strategies," 2011 Annual Meeting, July 24-26, 2011, Pittsburgh, Pennsylvania 103851, Agricultural and Applied Economics Association.
    • Handle: RePEc:ags:aaea11:103851
    DOI: 10.22004/ag.econ.103851
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    More about this item

    Keywords

    Agribusiness; Crop Production/Industries; Farm Management; Livestock Production/Industries; Marketing; Risk and Uncertainty;
    All these keywords.

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