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	Provedor de dados AgEcon (12) Autor Pennings, Joost M.E. (6) Franken, Jason R.V. (4) Garcia, Philip (3) Kim, Tae-Hun (2) Ashok, Mishra K. (1) Dhungana, Basanta R. (1) Fujie, Takeshi (1) Inoue, Norikazu (1) Kalogeras, Nikos (1) Kawasaki, Kentaro (1) Koito, Kentaro (1) Lauwers, Ludwig H. (1) Mintert, James R. (1) Nartea, Gilbert V. (1) Nuthall, Peter L. (1) Sasaki, Hiroki (1) Schroeder, Ted C. (1) Tonsor, Glynn T. (1) Uematsu, Hiroki (1) Van Passel, Steven (1) Mais... Palavra-chave Risk attitude (12) Agribusiness (5) Risk and Uncertainty (5) Marketing (4) Risk perception (4) Farm Management (3) Livestock Production/Industries (3) Q13 (3) Risk behavior (3) Agricultural and Food Policy (2) Community/Rural/Urban Development (2) Crop Production/Industries (2) Food Consumption/Nutrition/Food Safety (2) Food safety (2) Forward contracts (2) Futures and options (2) Hogs (2) Marketing contracts (2) Nonstructural approach (2) Production contracts (2) Mais... Tipo do documento Conference Paper or Presentation (7) Journal Article (2) Presentation (2) Report (1) Ano 2012 (1) 2011 (3) 2010 (1) 2009 (2) 2008 (3) 2007 (1) 2000 (1) Mais... País United States (12) Idioma Inglês (12)		Ordenar por:  Relevância Autor Título Ano Registros recuperados: 12 Primeira ... 1 ... Última Measuring Risk Attitude and Relation to Marketing Behavior AgEcon Franken, Jason R.V.; Pennings, Joost M.E.; Garcia, Philip. Researchers employ various measures of risk attitudes to investigate their relation to market behavior with mixed results. We find that a higher-order global risk attitude construct, developed using survey scales and experiments based on expected utility theory, is related to several marketing alternatives, but does not exhibit substantially greater explanatory power than underlying measures. With few exceptions, scales yield greater significance of risk attitudes for these choices, but experimental measures reveal other insights, e.g., differential attitudes in gain and loss domains. Given recent concerns with experimental measures in the literature, we suggest studies include scales as a low cost supplemental measure. Tipo: Presentation Palavras-chave: Risk behavior; Risk attitude; Futures and options; Forward contracts; Marketing contracts; Marketing; Risk and Uncertainty. Ano: 2012 URL: http://purl.umn.edu/124471 The measurement of farmers' risk attitudes using a non-structural approach AgEcon Kim, Tae-Hun. This study estimates farmers' risk attitudes in Missouri using a non-structural approach over time. The non-structural approach proposed by Antle (1989) allows for multiple outputs and various types of risk faced by farmers and doesn't require specific functional forms for utility or production. This approach can also provide farmers' risk attitudes over time. The results show that farmers' risk attitudes are risk loving and change over time, while farmers' risk attitude is generally assumed to be risk averse and very stable over time. Since this approach has the different definition of risk attitude, the results of this study may be a bit different from previous studies. Tipo: Journal Article Palavras-chave: Risk attitude; Risk preference; Nonstructural approach; Structural approach; Agribusiness; Community/Rural/Urban Development; Farm Management. Ano: 2008 URL: http://purl.umn.edu/45653 EXPLAINING ECONOMIC INEFFICIENCY OF NEPALESE RICE FARMS: AN EMPIRICAL INVESTIGATION AgEcon Dhungana, Basanta R.; Nuthall, Peter L.; Nartea, Gilbert V.. Efficiency has been proven to be an important managerial tool in improving total factor productivity in agriculture. The four sources of economic inefficiency: allocative, technical, pure technical and scale inefficiency of a sample of seventy-six Nepalese rice farmers were examined using the data envelopment analysis (DEA) decomposition method. The inefficiency indices computed by the DEA were then used as the dependent variable in a Tobit (censored) regression model using decision- makers’ attributes as the explanatory variables. The results revealed relatively large inefficiencies among the farms sampled. The average economic, allocative, technical, pure technical and scale inefficiencies were 34%, 13%, 24%, 18%, and 7% respectively. There is also a... Tipo: Presentation Palavras-chave: Efficiency; Frontier; DEA; Rice farming; Tobit regression; Socioeconomic attributes; Risk attitude; Crop Production/Industries. Ano: 2000 URL: http://purl.umn.edu/123630 Learning by Doing, Risk Aversion and Use of Risk Management Strategies AgEcon Uematsu, Hiroki; Ashok, Mishra K.. Using a national survey, double hurdle models are estimated to examine the impact of farmers’ risk attitude on use of production and marketing contracts. Risk averse farmers are less likely to use contracts but risk attitude does not have any significant impact on the intensity at which contracts are adopted. Tipo: Conference Paper or Presentation Palavras-chave: Risk attitude; Double hurdle model; Production contracts; Marketing contracts; Agribusiness; Crop Production/Industries; Farm Management; Livestock Production/Industries; Marketing; Risk and Uncertainty; Q10; Q13; D81. Ano: 2011 URL: http://purl.umn.edu/103851 What Drives How Much Crop Producers Sell in Spot, Forward, and Futures Markets? AgEcon Franken, Jason R.V.; Pennings, Joost M.E.. Crop producers have numerous marketing and risk management tools available. Research relating producers’ risk attitudes to their use of these tools has produced mixed results, and most studies focus on individual tools to the neglect of complementarities among them. Hence, little is known about the proportion in which these tools are used, e.g., the percentage of the crop that is forward sold as opposed to hedged. This study identifies some factors, including risk attitude, that impact the proportion of corn producers’ sales through spot markets, futures and options, and forward and production contracts using complementary survey and accounting data. Tipo: Conference Paper or Presentation Palavras-chave: Risk behavior; Risk attitude; Futures and options; Forward contracts; Production contracts; Marketing; Risk and Uncertainty; Q13. Ano: 2009 URL: http://purl.umn.edu/49237 Do Transaction Costs and Risk Preferences Influence Marketing Arrangements in the Illinois Hog Industry? AgEcon Franken, Jason R.V.; Pennings, Joost M.E.; Garcia, Philip. Risk reduction and transaction costs are often used to explain contracting in the U.S. hog industry with little empirical support. Using a unified conceptual framework that draws from risk behavior and transaction cost theories, in combination with unique survey and accounting data, we demonstrate that risk preferences and asset specificity impact Illinois producers’ use of contracts and spot markets. In particular, producers’ investments in specific hog genetics and human capital are related to selection of long-term marketing contracts over spot markets. Producers who perceive greater levels of price risk and/or are more averse are more (less) likely to use contracts (spot markets). Tipo: Report Palavras-chave: Asset specificity; Contracts; Hogs; Risk attitude; Risk behavior; Risk perception; Transaction costs economics; Livestock Production/Industries; Risk and Uncertainty. Ano: 2009 URL: http://purl.umn.edu/54548 Auctioning Conservation Contracts and Evaluating the Risk Attitudes of Farmers: Economic Experiments in Japan AgEcon Sasaki, Hiroki; Fujie, Takeshi; Kawasaki, Kentaro; Inoue, Norikazu; Koito, Kentaro. Agri-environmental programs in Japan have generally been promoted through the provision of fixed payments for certain environment-friendly farming and management practices. However, the auctioning of agrienvironmental contracts is a noteworthy alternative for the furtherance of such programs. Conservation auctions are used to enhance the cost-effectiveness of public expenses and have been employed in practice as well as tested in various pilot projects in some countries. This study uses an experimental economics method to factor the risk attitude of participants into a comparison of uniform price (UP) auctions and discriminatory price (DP) auctions. Although some studies have compared fixed payments, UP auctions, and DP auctions, the superiority or... Tipo: Conference Paper or Presentation Palavras-chave: Conservation auction; Experimental economics; Risk attitude; Environment-friendly farming; Agribusiness; Agricultural and Food Policy; Consumer/Household Economics; Environmental Economics and Policy; Farm Management. Ano: 2010 URL: http://purl.umn.edu/109400 Combining risk perception and risk attitude: A comprehensive individual risk behavior model AgEcon van Winsen, Frankwin; Wauters, Erwin; Lauwers, Ludwig H.; de Mey, Yann; Van Passel, Steven; Vancauteren, Mark. Although risk management in farming is a well-documented subject in scientific literature, this same literature is usually used only by other scientist and is not aiding individual farmers in their management. Risk perception and risk attitude are well described determinants of risk behaviour but rarely combined in an integrated approach for risk behaviour research. Furthermore in most literature risk attitude is taken as a given stable personality trait on which the optimal behaviour should be based. We argue that risk attitude can be manageable in order to derive optimal risk behaviour. Based on these findings we develop a comprehensive theoretical basic model on farmers risk behaviour. Furthermore a participatory approach involving the stakeholder, the... Tipo: Conference Paper or Presentation Palavras-chave: Risk management; Risk perception; Risk attitude; Risk behaviour; Risk and Uncertainty. Ano: 2011 URL: http://purl.umn.edu/115749 Effect of Decoupled Payments on U.S. Agricultural Production AgEcon Kim, Tae-Hun. In the current WTO negotiations, the developing and the developed countries take opposite view regarding the criteria for green box subsidies supposed to be decoupled from current production levels and prices. This study investigates whether U.S. PFC and direct payment subsidies are truly decoupled from production or not by modeling the farmers' risk attitudes in a non-structural approach and estimating the effect of decoupled payments on production by the change in risk attitudes. The effect of decoupled payments is not only statistically insignificant on corn and soybean acreage but also very small in magnitude. Tipo: Journal Article Palavras-chave: Decoupled payments; PFC payments; Risk attitude; Nonstructural approach; Agribusiness; Agricultural and Food Policy; Agricultural Finance; Community/Rural/Urban Development; International Relations/Trade. Ano: 2008 URL: http://purl.umn.edu/45684 Consumer Food Safety Risk Attitudes and Perceptions Over Time: The Case of BSE Crisis AgEcon Kalogeras, Nikos; Pennings, Joost M.E.; van Ittersum, Koert. Recent research has shown that by decoupling the risk response behaviour of consumers into the separate components of risk perception and risk attitude, a more robust conceptualization and prediction of consumers’ reactions to food safety issues is possible. Furthermore, it has been argued that the influence of risk attitudes and risk perceptions on consumer risk behaviour for contaminated food products can be used to formulate effective agricultural policies and strategies in case of a food crisis. The question arises whether or not the influence and magnitude of these risk variables changes over time and, hence, whether policies and strategies must be adapted. The BSE (mad cow disease) crises in the USA, Germany and The Netherlands in 2001 and 2004... Tipo: Conference Paper or Presentation Palavras-chave: Consumer risk behaviour; Food safety; Risk attitude; Risk perception; Time; Food Consumption/Nutrition/Food Safety. Ano: 2008 URL: http://purl.umn.edu/44156 The Role of Consumer Risk Perceptions and Attitudes in Cross Cultural Beef Consumption Changes AgEcon Schroeder, Ted C.; Tonsor, Glynn T.; Pennings, Joost M.E.; Mintert, James R.. Beef food safety events have contributed to considerable market volatility, produced varied consumer reactions, created policy debates, sparked heated trade disputes, and generally contributed to beef industry frustrations. Better understanding of the forces causing observed consumer reactions in light of beef food safety events is critical for policy makers and industry participants. We examine whether consumers altered their beef consumption behavior because of their risk aversion and risk perceptions stemming from information about beef food safety in recent years. We use data from a total of 4,000 consumers in the U.S., Canada, Mexico and Japan to estimate a two-stage Probit/double-bounded Tobit modeling framework. Results reveal there are stark... Tipo: Conference Paper or Presentation Palavras-chave: Cross-culture; Risk attitude; Risk perception; Food safety; Beef; Food Consumption/Nutrition/Food Safety; Livestock Production/Industries. Ano: 2007 URL: http://purl.umn.edu/10254 Risk Attitude & the Structure of Decision Making: Evidence from the Hog Industry AgEcon Franken, Jason R.V.; Pennings, Joost M.E.; Garcia, Philip. We investigate the importance of an appropriate representation of behavior, risk attitude, and related characteristics for owner-managers making marketing decisions. We assess whether managerial/firm characteristics directly affect the decisions or if their influence occurs indirectly through impacts on risk aversion. The findings, which support an indirect effect, indicate that failure to represent the relationship between risk aversion, other characteristics, and behavior appropriately can mask the effect of risk aversion. A more complete understanding of the structure of decision making may assist economists and policymakers in designing and targeting mechanisms to transfer risk. Tipo: Conference Paper or Presentation Palavras-chave: Behavior; Contract; Hogs; Marketing; Risk attitude; Agribusiness; Institutional and Behavioral Economics; Marketing; Q13. Ano: 2011 URL: http://purl.umn.edu/103610 Registros recuperados: 12 Primeira ... 1 ... Última

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