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Pregled bibliografske jedinice broj: 1226777

Farmers' risk preferences in 11 European farming systems: A multi-country replication of Bocquého et al. (2014)


Rommel, Jens; Sagebiel, Julian; Baaken, Marieke Cornelia; Barreiro-Hurlé, Jesús; Bougherara, Douadia; Cembalo, Luigi; Cerjak, Marija; Čop, Tajana; Czajkowski, Mikołaj; Espinosa-Goded, María et al.
Farmers' risk preferences in 11 European farming systems: A multi-country replication of Bocquého et al. (2014) // Applied Economic Perspectives and Policy, (2022), 44; 1-26 doi:10.1002/aepp.13330 (međunarodna recenzija, članak, znanstveni)


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Naslov
Farmers' risk preferences in 11 European farming systems: A multi-country replication of Bocquého et al. (2014)

Autori
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 ; Tomić Maksan, Marina ; Vecchio, Riccardo ; Willinger, Marc ; Zagórska, Katarzyna

Izvornik
Applied Economic Perspectives and Policy (2040-5790) (2022), 44; 1-26

Vrsta, podvrsta i kategorija rada
Radovi u časopisima, članak, znanstveni

Ključne riječi
agriculture, artefactual field experiment, cumulative prospect theory, expected utility theory, risk attitude

Sažetak
We 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.

Izvorni jezik
Engleski

Znanstvena područja
Poljoprivreda (agronomija), Ekonomija



POVEZANOST RADA


Ustanove:
Agronomski fakultet, Zagreb

Profili:

Avatar Url Tajana Čop (autor)

Avatar Url Marija Cerjak (autor)

Avatar Url Marina Tomić Maksan (autor)

Poveznice na cjeloviti tekst rada:

doi onlinelibrary.wiley.com

Citiraj ovu publikaciju:

Rommel, Jens; Sagebiel, Julian; Baaken, Marieke Cornelia; Barreiro-Hurlé, Jesús; Bougherara, Douadia; Cembalo, Luigi; Cerjak, Marija; Čop, Tajana; Czajkowski, Mikołaj; Espinosa-Goded, María et al.
Farmers' risk preferences in 11 European farming systems: A multi-country replication of Bocquého et al. (2014) // Applied Economic Perspectives and Policy, (2022), 44; 1-26 doi:10.1002/aepp.13330 (međunarodna recenzija, članak, znanstveni)
Rommel, J., Sagebiel, J., Baaken, M., Barreiro-Hurlé, J., Bougherara, D., Cembalo, L., Cerjak, M., Čop, T., Czajkowski, M. & Espinosa-Goded, M. (2022) Farmers' risk preferences in 11 European farming systems: A multi-country replication of Bocquého et al. (2014). Applied Economic Perspectives and Policy, (44), 1-26 doi:10.1002/aepp.13330.
@article{article, author = {Rommel, Jens and Sagebiel, Julian and Baaken, Marieke Cornelia and Barreiro-Hurl\'{e}, Jes\'{u}s and Bougherara, Douadia and Cembalo, Luigi and Cerjak, Marija and \v{C}op, Tajana and Czajkowski, Miko\laj and Espinosa-Goded, Mar\'{\i}a and H\"{o}hler, Julia and Kuhfuss, Laure and Lagerkvist, Carl-Johan and Lapierre, Margaux and Lefebvre, Marianne and Matzdorf, Bettina and Ott, Edward and Paparella, Antonio and Quendler, Erika and Rodriguez-Entrena, Macario and Schulze, Christoph and \v{S}umrada, Tanja and Tensi, Annika and Thoyer, Sophie and Tomi\'{c} Maksan, Marina and Vecchio, Riccardo and Willinger, Marc and Zag\'{o}rska, Katarzyna}, year = {2022}, pages = {1-26}, DOI = {10.1002/aepp.13330}, keywords = {agriculture, artefactual field experiment, cumulative prospect theory, expected utility theory, risk attitude}, journal = {Applied Economic Perspectives and Policy}, doi = {10.1002/aepp.13330}, number = {44}, issn = {2040-5790}, title = {Farmers' risk preferences in 11 European farming systems: A multi-country replication of Bocqu\'{e}ho et al. (2014)}, keyword = {agriculture, artefactual field experiment, cumulative prospect theory, expected utility theory, risk attitude} }
@article{article, author = {Rommel, Jens and Sagebiel, Julian and Baaken, Marieke Cornelia and Barreiro-Hurl\'{e}, Jes\'{u}s and Bougherara, Douadia and Cembalo, Luigi and Cerjak, Marija and \v{C}op, Tajana and Czajkowski, Miko\laj and Espinosa-Goded, Mar\'{\i}a and H\"{o}hler, Julia and Kuhfuss, Laure and Lagerkvist, Carl-Johan and Lapierre, Margaux and Lefebvre, Marianne and Matzdorf, Bettina and Ott, Edward and Paparella, Antonio and Quendler, Erika and Rodriguez-Entrena, Macario and Schulze, Christoph and \v{S}umrada, Tanja and Tensi, Annika and Thoyer, Sophie and Tomi\'{c} Maksan, Marina and Vecchio, Riccardo and Willinger, Marc and Zag\'{o}rska, Katarzyna}, year = {2022}, pages = {1-26}, DOI = {10.1002/aepp.13330}, keywords = {agriculture, artefactual field experiment, cumulative prospect theory, expected utility theory, risk attitude}, journal = {Applied Economic Perspectives and Policy}, doi = {10.1002/aepp.13330}, number = {44}, issn = {2040-5790}, title = {Farmers' risk preferences in 11 European farming systems: A multi-country replication of Bocqu\'{e}ho et al. (2014)}, keyword = {agriculture, artefactual field experiment, cumulative prospect theory, expected utility theory, risk attitude} }

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