TY - JOUR
T1 - The Effects of Risk Preferences on the Adoption of Post-Harvest Technology
T2 - Evidence from Rural Cambodia
AU - Shimamoto, Daichi
AU - Yamada, Hiroyuki
AU - Wakano, Ayako
PY - 2017/6/24
Y1 - 2017/6/24
N2 - We investigate how rice farmers’ risk preferences affect the adoption of post-harvest technology in Cambodia, focusing on moisture meters. We find that risk-averse farmers are more likely to adopt moisture meters, although the degree of farmers’ loss aversion or the extent to which they tended to overweight small probabilities do not affect the adoption. In the setting of our study, the effects of farmers’ risk preferences on agricultural technology adoption can be described by using expected utility theory. However, controlling for loss aversion and probability weighting improves the precision of examining the effects of farmers’ risk preferences on adoption.
AB - We investigate how rice farmers’ risk preferences affect the adoption of post-harvest technology in Cambodia, focusing on moisture meters. We find that risk-averse farmers are more likely to adopt moisture meters, although the degree of farmers’ loss aversion or the extent to which they tended to overweight small probabilities do not affect the adoption. In the setting of our study, the effects of farmers’ risk preferences on agricultural technology adoption can be described by using expected utility theory. However, controlling for loss aversion and probability weighting improves the precision of examining the effects of farmers’ risk preferences on adoption.
UR - http://www.scopus.com/inward/record.url?scp=85021415148&partnerID=8YFLogxK
UR - http://www.scopus.com/inward/citedby.url?scp=85021415148&partnerID=8YFLogxK
U2 - 10.1080/00220388.2017.1329527
DO - 10.1080/00220388.2017.1329527
M3 - Article
AN - SCOPUS:85021415148
SN - 0022-0388
SP - 1
EP - 19
JO - Journal of Development Studies
JF - Journal of Development Studies
ER -