Subjective versus objective yield distributions as measures of production risk

Subjective probabilities of farmers with nonlinear utility are estimated from distributions elicited by applying a linear scoring rule with monetary payoffs. Estimated subjective distributions are compared to objective estimates of yield distributions in a risky rainfed rice‐growing area in the Phil...

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Detalles Bibliográficos
Autores principales: Smith, Joyotee, Mandac, Abraham M.
Formato: Journal Article
Lenguaje:Inglés
Publicado: Wiley 1995
Acceso en línea:https://hdl.handle.net/10568/167367

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