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Measuring farmers' preferences for risk: a domain-specific risk preference scale

机译:衡量农民对风险的偏好:特定领域的风险偏好量表

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A behavioral framework and psychometric theory were used to develop a domain-specific scale to measure farmers' preferences (attitudes) for risk, when the expected benefits and perceived risks of each domain were explicitly modeled. Exploratory factor analyses based on a sample of 237 Swedish farmers highlighted three risk domains, which we termed 'Up-to-date and in deliberate control of production,' 'Carefulness and planning in general' and 'Progressive farming.' The results suggested that farmers are risk-averse in all domains. External validation of the domain-specific measurement scale suggested that it could significantly predict the observed five-year volatility in farm income. The suggested domain-specific measurement scale is of practical importance for the farmers themselves, the agribusiness, and for policy-makers.
机译:当明确模拟了每个领域的预期收益和感知风险时,使用行为框架和心理计量学理论来制定特定领域的量表,以衡量农民对风险的偏好(态度)。基于对237名瑞典农民的抽样调查而来的探索性因素分析强调了三个风险领域,我们将其称为“最新和故意控制的生产”,“总体上的谨慎和计划”和“渐进式农业”。结果表明,农民在所有领域都规避风险。外部验证的特定领域的测量规模表明,它可以显着预测观察到的五年农场收入的波动。建议的针对特定领域的衡量标准对农民本身,农业综合企业以及政策制定者具有实际意义。

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