The risk attitudes of samples of small farm owners and sharecroppers in Brazil were investigated. Data were derived by posing two sets of simple, realistic mind experiments involving choice between risky and sure alternatives. In the first set, the farmer's total income was uncertain but his subsistence need was assured; in the second set, his subsistence needs also were at risk. Comparison of the distributions of the estimated risk attitude coefficients...
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DETALHES
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1983/01/01
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Documento de trabalho departamental
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DRD17
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1
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1
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2010/07/01
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Disclosed
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Risk attitudes of subsistence farmers in northeast Brazil : a sampling approach
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farmer
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