Di Falco, Salvatore
- Conference Paper
This paper investigates the stability over time of farmers’ risk preferences. We rely on a panel data of over 36,000 Italian farms specialized in cereals and open field crops, during the period 1989 to 2009. We use Antle’s method of moments to estimate farmers’ risk preferences for different periods. We find evidences of risk preference changes over time in response to major droughts and changes in the EU Common Agricultural Policy Show more
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Subjecttime varying risk attitude; method of moments; production uncertainty
Organisational unit09564 - Finger, Robert
NotesWinner of the best contributed paper award XV EAAE congress Parma, 2017.
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