Risk and ambiguity preferences and the adoption of new agricultural technologies: Evidence from field experiments in rural India
Advances in agricultural development have largely been a direct result of increased usage of new technologies. Among other important factors, farmers’ perceptions of risks associated with the new technology as well as their ability or willingness to take risks greatly influences their adoption decis...
| Autores principales: | , |
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| Formato: | Artículo preliminar |
| Lenguaje: | Inglés |
| Publicado: |
International Food Policy Research Institute
2014
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| Materias: | |
| Acceso en línea: | https://hdl.handle.net/10568/150122 |
| _version_ | 1855537534747017216 |
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| author | Ward, Patrick S. Singh, Vartika |
| author_browse | Singh, Vartika Ward, Patrick S. |
| author_facet | Ward, Patrick S. Singh, Vartika |
| author_sort | Ward, Patrick S. |
| collection | Repository of Agricultural Research Outputs (CGSpace) |
| description | Advances in agricultural development have largely been a direct result of increased usage of new technologies. Among other important factors, farmers’ perceptions of risks associated with the new technology as well as their ability or willingness to take risks greatly influences their adoption decisions. In this paper we conduct a series of field experiments in rural India in order to measure preferences related to risk, potential loss, and ambiguity. Disaggregating by gender, we find that on average women are significantly more risk averse and loss averse than men, though the higher average risk aversion arises due to a greater share of women who are extremely risk averse. |
| format | Artículo preliminar |
| id | CGSpace150122 |
| institution | CGIAR Consortium |
| language | Inglés |
| publishDate | 2014 |
| publishDateRange | 2014 |
| publishDateSort | 2014 |
| publisher | International Food Policy Research Institute |
| publisherStr | International Food Policy Research Institute |
| record_format | dspace |
| spelling | CGSpace1501222025-11-06T07:19:56Z Risk and ambiguity preferences and the adoption of new agricultural technologies: Evidence from field experiments in rural India Ward, Patrick S. Singh, Vartika rural population technology adoption agricultural technology uncertainty Advances in agricultural development have largely been a direct result of increased usage of new technologies. Among other important factors, farmers’ perceptions of risks associated with the new technology as well as their ability or willingness to take risks greatly influences their adoption decisions. In this paper we conduct a series of field experiments in rural India in order to measure preferences related to risk, potential loss, and ambiguity. Disaggregating by gender, we find that on average women are significantly more risk averse and loss averse than men, though the higher average risk aversion arises due to a greater share of women who are extremely risk averse. 2014 2024-08-01T02:50:45Z 2024-08-01T02:50:45Z Working Paper https://hdl.handle.net/10568/150122 en https://hdl.handle.net/10568/154111 https://hdl.handle.net/10568/152540 https://hdl.handle.net/10568/152785 https://hdl.handle.net/10568/146535 Open Access application/pdf International Food Policy Research Institute Ward, Patrick S. and Singh, Vartika. 2014. Risk and ambiguity preferences and the adoption of new agricultural technologies: Evidence from field experiments in rural India. IFPRI Discussion Paper 1324. Washington, DC: International Food Policy Research Institute (IFPRI). https://hdl.handle.net/10568/150122 |
| spellingShingle | rural population technology adoption agricultural technology uncertainty Ward, Patrick S. Singh, Vartika Risk and ambiguity preferences and the adoption of new agricultural technologies: Evidence from field experiments in rural India |
| title | Risk and ambiguity preferences and the adoption of new agricultural technologies: Evidence from field experiments in rural India |
| title_full | Risk and ambiguity preferences and the adoption of new agricultural technologies: Evidence from field experiments in rural India |
| title_fullStr | Risk and ambiguity preferences and the adoption of new agricultural technologies: Evidence from field experiments in rural India |
| title_full_unstemmed | Risk and ambiguity preferences and the adoption of new agricultural technologies: Evidence from field experiments in rural India |
| title_short | Risk and ambiguity preferences and the adoption of new agricultural technologies: Evidence from field experiments in rural India |
| title_sort | risk and ambiguity preferences and the adoption of new agricultural technologies evidence from field experiments in rural india |
| topic | rural population technology adoption agricultural technology uncertainty |
| url | https://hdl.handle.net/10568/150122 |
| work_keys_str_mv | AT wardpatricks riskandambiguitypreferencesandtheadoptionofnewagriculturaltechnologiesevidencefromfieldexperimentsinruralindia AT singhvartika riskandambiguitypreferencesandtheadoptionofnewagriculturaltechnologiesevidencefromfieldexperimentsinruralindia |