Comparing the Use of Risk-influencing Production Inputs and Experimentally Measured Risk Attitude:
Do the Decisions of Indonesian Small-scale Rubber Farmers Match?

Stefan Moser, Oliver Mußhoff

Published: 01.06.2017  〉 Volume 66 (2017), Number 2, 124-139  〉 Resort: Articles 
Submitted: N. A.   〉 Feedback to authors after first review: N. A.   〉 Accepted: N. A.
DOI:
N. A.

ABSTRACT

This article compares the use of risk-increasing and risk-reducing production inputs with the experimentally measured risk attitudes of farmers. For this purpose, a Just-Pope production function indicates production inputs’ influence on output risk, and a Holt-Laury lottery is used to measure farmers’ risk attitudes. We then test whether more risk averse farmers use more risk-reducing and
CONTACT AUTHOR
DR. STEFAN MOSER
Farm Management Group
Department of Agricultural Economics and Rural Development, Faculty of Agricultural Sciences
Georg-August-Universität Göttingen
Platz der Göttinger Sieben 5, 37073 Göttingen, Germany
e-mail: smoser@gwdg.de
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