Attitudes toward risk among small farmers in southern Huila

Timely evaluation of new technology performance is extremely important for international research centers. As part of the evaluation efforts of new bean technology currently in process at CIAT, a mathematical model of the bean farm is being implemented. One of its features is the incorporation of ri...

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Autor principal: Arcia, G
Formato: Informe técnico
Lenguaje:Inglés
Publicado: International Center for Tropical Agriculture 1980
Materias:
Acceso en línea:https://hdl.handle.net/10568/71924
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author Arcia, G
author_browse Arcia, G
author_facet Arcia, G
author_sort Arcia, G
collection Repository of Agricultural Research Outputs (CGSpace)
description Timely evaluation of new technology performance is extremely important for international research centers. As part of the evaluation efforts of new bean technology currently in process at CIAT, a mathematical model of the bean farm is being implemented. One of its features is the incorporation of risk aversion on the farmer`s objective function. The present paper deals with the methods and results of the elicitation of risk aversion among farmers in S. Huila, Colombia. The results seem to indicate that farmers are generaly risk averse when faced with uncertain options. Furthermore, their degree of risk aversion is significantly inverse to subsistence security. Regressions of socioeconomic factors on risk aversion indicate that there is room for risk aversion reduction through policy instruments. (AS)
format Informe técnico
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institution CGIAR Consortium
language Inglés
publishDate 1980
publishDateRange 1980
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publisherStr International Center for Tropical Agriculture
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spelling CGSpace719242025-11-05T18:06:25Z Attitudes toward risk among small farmers in southern Huila Arcia, G phaseolus vulgaris technology evaluation economics income production Timely evaluation of new technology performance is extremely important for international research centers. As part of the evaluation efforts of new bean technology currently in process at CIAT, a mathematical model of the bean farm is being implemented. One of its features is the incorporation of risk aversion on the farmer`s objective function. The present paper deals with the methods and results of the elicitation of risk aversion among farmers in S. Huila, Colombia. The results seem to indicate that farmers are generaly risk averse when faced with uncertain options. Furthermore, their degree of risk aversion is significantly inverse to subsistence security. Regressions of socioeconomic factors on risk aversion indicate that there is room for risk aversion reduction through policy instruments. (AS) 1980 2016-02-29T17:13:28Z 2016-02-29T17:13:28Z Report https://hdl.handle.net/10568/71924 en Open Access application/pdf International Center for Tropical Agriculture ARCIA, G. 1980. Attitudes toward risk among small farmers in southern Huila. Centro Internacional de Agricultura Tropical (CIAT), Cali, CO. 20 p.. (Seminarios internos. Serie SE-08-80)
spellingShingle phaseolus vulgaris
technology evaluation
economics
income
production
Arcia, G
Attitudes toward risk among small farmers in southern Huila
title Attitudes toward risk among small farmers in southern Huila
title_full Attitudes toward risk among small farmers in southern Huila
title_fullStr Attitudes toward risk among small farmers in southern Huila
title_full_unstemmed Attitudes toward risk among small farmers in southern Huila
title_short Attitudes toward risk among small farmers in southern Huila
title_sort attitudes toward risk among small farmers in southern huila
topic phaseolus vulgaris
technology evaluation
economics
income
production
url https://hdl.handle.net/10568/71924
work_keys_str_mv AT arciag attitudestowardriskamongsmallfarmersinsouthernhuila