We present a systematic review of the extensive body of research on farmer risk preference measurement across Europe. We capture the methodological developments over time and discuss remaining challenges and potential areas for further research. Given the constantly evolving policy environment in Europe, and increasing climate-change related risks and uncertainties, there is large value to be gained from enhancing our understanding of this fundamental aspect of farmers’ decision making processes and consequent actions.
|Journal||Journal of Agricultural Economics|
|Early online date||21 Mar 2019|
|Publication status||Published - 01 Feb 2020|
- Risk preferences
- Expected Utility
- Prospect theory
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Research data collected in the following article: Iyer, Bozzola*, Hirsch, Meraner and Finger (2020). Measuring Farmer Risk Preferences in Europe: A Systematic Review. Journal of Agricultural Economics 71(1): 3-26 *co-first author and contact author
Bozzola, M. (Creator), Queen's University Belfast, 2019
DOI: 10.1111/1477-9552.12325, https://onlinelibrary.wiley.com/doi/full/10.1111/1477-9552.12325
WILEY Award Top Downloaded Paper 2018-2019
Bozzola, Martina (Recipient), 30 Apr 2020
Prize: Prize (including medals and awards)File