Downloads provided by UsageCountsFarmers' risk preferences in 11 European farming systems: A multi‐country replication of Bocquého et al. (2014)
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Rommel, Jens; Sagebiel, Julian; Baaken, Marieke Cornelia; Barreiro‐Hurlé, Jesús; Bougherara, Douadia; Cembalo, Luigi; Cerjak, Marija; +21 Authors
Rommel, Jens; Sagebiel, Julian; Baaken, Marieke Cornelia; Barreiro‐Hurlé, Jesús; Bougherara, Douadia; Cembalo, Luigi; Cerjak, Marija; Čop, Tajana; Czajkowski, Mikołaj; Espinosa‐Goded, María; Höhler, Julia; Kuhfuss, Laure; Lagerkvist, Carl‐Johan; Lapierre, Margaux; Lefebvre, Marianne; Matzdorf, Bettina; Ott, Edward; Paparella, Antonio; Quendler, Erika; Rodriguez‐Entrena, Macario; Schulze, Christoph; Šumrada, Tanja; Tensi, Annika; Thoyer, Sophie; Maksan, Marina Tomić; Vecchio, Riccardo; Willinger, Marc; Zagórska, Katarzyna;
Farmers' risk preferences in 11 European farming systems: A multi‐country replication of Bocquého et al. (2014)
AbstractWe replicate Bocquého et al. (2014), who used multiple price lists to investigate the risk preferences of 107 French farmers. We collected new data from 1430 participants in 11 European farming systems. In agreement with the original study, farmers' risk preferences are best described by Cumulative Prospect Theory. Structural model estimates show that farmers in the new samples are, on average, less loss averse and more susceptible to probability distortion than in the original study. Explorative analyses indicate differences between estimation approaches, as well as heterogeneity between and within samples. We discuss challenges in replications of economic experiments with farmers across farming contexts.
Slovenia, Czech Republic, Italy, Netherlands, France, Italy, Croatia, Sweden, Spain
- Philipps-University of Marburg Germany
- Université de Montpellier France
- Helmholtz Association of German Research Centres Germany
- University of Montpellier France
- University of Zagreb Croatia
agriculture; artefactual field experiment; cumulative prospect theory; expected utility theory; risk attitudes, cumulative prospect theory, 330, Economics, expected utility theory, Dewey Decimal Classification::600 | Technik::630 | Landwirtschaft, Veterinärmedizin, modeli, [SHS]Humanities and Social Sciences, Expected utility theory, Dewey Decimal Classification::300 | Sozialwissenschaften, Soziologie, Anthropologie::330 | Wirtschaft, agriculture, artefactual field experiment, cumulative prospect theory, expected utility theory, risk attitude, tveganja, Risk attitudes, Dewey Decimal Classification::600 | Technik::640 | Hauswirtschaft und Familienleben, Business Administration, Cumulative prospect theory, agriculture, načini kmetovanja, kmetijstvo, Agriculture, artefactual field experiment, Artefactual field experiment, risk attitudes, info:eu-repo/classification/udc/631, risk attitude, [SHS] Humanities and Social Sciences, Dewey Decimal Classification::300 | Sozialwissenschaften, Soziologie, Anthropologie::360 | Soziale Probleme, Sozialdienste, Versicherungen
agriculture; artefactual field experiment; cumulative prospect theory; expected utility theory; risk attitudes, cumulative prospect theory, 330, Economics, expected utility theory, Dewey Decimal Classification::600 | Technik::630 | Landwirtschaft, Veterinärmedizin, modeli, [SHS]Humanities and Social Sciences, Expected utility theory, Dewey Decimal Classification::300 | Sozialwissenschaften, Soziologie, Anthropologie::330 | Wirtschaft, agriculture, artefactual field experiment, cumulative prospect theory, expected utility theory, risk attitude, tveganja, Risk attitudes, Dewey Decimal Classification::600 | Technik::640 | Hauswirtschaft und Familienleben, Business Administration, Cumulative prospect theory, agriculture, načini kmetovanja, kmetijstvo, Agriculture, artefactual field experiment, Artefactual field experiment, risk attitudes, info:eu-repo/classification/udc/631, risk attitude, [SHS] Humanities and Social Sciences, Dewey Decimal Classification::300 | Sozialwissenschaften, Soziologie, Anthropologie::360 | Soziale Probleme, Sozialdienste, Versicherungen
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This indicator reflects the "current" impact/attention (the "hype") of an article in the research community at large, based on the underlying citation network.
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This indicator reflects the overall/total impact of an article in the research community at large, based on the underlying citation network (diachronically).
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This indicator reflects the initial momentum of an article directly after its publication, based on the underlying citation network.
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