文章基本信息

标题：Estimation of farmers' risk attitude: an econometric approach
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作者：Bar-Shira, Ziv ; Just, R.E. ; Zilberman, D. 等
期刊名称：Journal of Agribusiness
印刷版ISSN：0738-8950
出版年度：1997
页码：211-222
出版社：Journal of Agribusiness
摘要：An econometric procedure for estimating Arrow-Pratt coefficients of risk aversion is derived. The model of farmers allocating land among different crops, and time between leisure and labor, allows for testing Arrow's hypotheses of decreasing absolute risk aversion and increasing relative risk aversion. The empirical results support these hypotheses.