| Registro completo |
| Provedor de dados: |
AgEcon
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| País: |
United States
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| Título: |
AN ANALYSIS OF THE RISK AVERSION OF FARM OPERATORS: AN ASSET PORTFOLIO APPROACH
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| Autores: |
Lins, David A.
Gabriel, Stephen C.
Sonka, Steven T.
|
| Data: |
2003-12-29
|
| Ano: |
1981
|
| Palavras-chave: |
Farm Management
Risk and Uncertainty
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| Resumo: |
The absolute and relative risk aversion characteristics of a large sample of farm operators were estimated from the observed portfolio responses to changes in wealth. Regression estimates suggest that farm operators display decreasing absolute risk aversion. Relative risk aversion varies by type of farm. However, the definition of risky assets has an important bearing on relative risk aversion characteristics. Non-wealth variables are also important in explaining the holding of risky assets by farm operators.
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| Tipo: |
Journal Article
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| Idioma: |
Inglês
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| Identificador: |
11860
http://purl.umn.edu/32078
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| Editor: |
AgEcon Search
|
| Relação: |
Western Journal of Agricultural Economics>Volume 06, Number 01, July 1981
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| Formato: |
16
application/pdf
|
