Data on German farmers risk preference, perception and management strategies
- Journal Article
Rights / licenseCreative Commons Attribution 4.0 International
The extent to which people are willing to take on risk, i.e. their risk preferences as well as subjective risk perception plays a major role in explaining their behavior. This is of particular relevance in agricultural production, which is inherently risky. The data presented here was collected amongst a total of 64 German farmers in 2015. It includes results of three different risk preference elicitation methods (multiple price list, business statements in four relevant domains and general self-assessment) as well as risk perception. Additionally, farm business characteristics (e.g. size, farm-level workforce, succession) and personal farmer characteristics (e.g. age, gender, risk literacy) are included Show more
Journal / seriesData in Brief
Pages / Article No.
Organisational unit09564 - Finger, Robert / Finger, Robert
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