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...
| Main Authors: | , |
|---|---|
| Format: | Journal Article |
| Language: | Inglés |
| Published: |
Wiley
1995
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| Online Access: | https://hdl.handle.net/10568/167367 |
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