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Measuring Farmers' Risk Attitudes: A Case Study Of The Eastern Plateau Region Of Algeria

Author

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  • Belaid, Abderrezak
  • Miller, Stanley F.

Abstract

A modified experimental approach is used to elicit farmer utility functions in the eastern high plateau of Algeria. Based on the results, the hypothesis is tested that farmers' risk attitudes are modified by the agroecological zone in which they live, by the crops they grow, and the type of sector (private or socialist) in which they produce. It is concluded that while the studied farmers are risk averse, no intrinsic difference exists in farmers' attitudes between sectors or sites.

Suggested Citation

  • Belaid, Abderrezak & Miller, Stanley F., 1987. "Measuring Farmers' Risk Attitudes: A Case Study Of The Eastern Plateau Region Of Algeria," Western Journal of Agricultural Economics, Western Agricultural Economics Association, vol. 12(2), pages 1-9, December.
    • Handle: RePEc:ags:wjagec:32227
    DOI: 10.22004/ag.econ.32227
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    Cited by:

    1. Lucas, Marilou P. & Pabuayon, Isabelita M., 2011. "Risk Perceptions, Attitudes, and Influential Factors of Rainfed Lowland Rice Farmers in Ilocos Norte, Philippines," Asian Journal of Agriculture and Development, Southeast Asian Regional Center for Graduate Study and Research in Agriculture (SEARCA), vol. 8(2), pages 1-17, December.
    2. Khuu Thi Phuong Dong & Phan Dinh Khoi & Phan Hong Nhung & Nguyen Thanh Binh & Tran Thi Hanh Phuc, 2022. "Factors Affecting Risk Attitude of Rice Farmers: Evidence from Vietnam’s Mekong Delta," JRFM, MDPI, vol. 15(7), pages 1-12, June.
    3. Trenkel, Hermann E., 2005. "Möglichkeiten experimenteller Methoden in der Agrarökonomie," Proceedings “Schriften der Gesellschaft für Wirtschafts- und Sozialwissenschaften des Landbaues e.V.”, German Association of Agricultural Economists (GEWISOLA), vol. 40, March.

    More about this item

    Keywords

    Risk and Uncertainty;

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