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Risk Preferences and the Poverty Trap: A Look at Technology Uptake amongst Smallholder Farmers in the Matzikama Municipality

Author

Listed:
  • Hafsah Jumare
  • Kerri Brick
  • Martine Visser
Abstract
A number of studies suggest the risk preference of low income individuals can result in behaviour that create conditions of sub optimal investment and thus persistent poverty. In this paper, we carry out a study with small-scale farmers in the Matzikama Municipality of the Western Cape, South Africa. We investigate how risk preference affect technology […]

Suggested Citation

  • Hafsah Jumare & Kerri Brick & Martine Visser, 2018. "Risk Preferences and the Poverty Trap: A Look at Technology Uptake amongst Smallholder Farmers in the Matzikama Municipality," Working Papers 725, Economic Research Southern Africa.
    • Handle: RePEc:rza:wpaper:725
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    More about this item

    Keywords

    agriculture; climate change; Consumer Behavior; Development Economics; Risk and Uncertainty; Social welfare;
    All these keywords.

    JEL classification:

    • D81 - Microeconomics - - Information, Knowledge, and Uncertainty - - - Criteria for Decision-Making under Risk and Uncertainty
    • Q10 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Agriculture - - - General
    • Q12 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Agriculture - - - Micro Analysis of Farm Firms, Farm Households, and Farm Input Markets

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