Impacts of risk aversion on whole-farm management in Syria

被引：20

作者：

Pannell, DJ ^{[1
]}

Nordblom, TL

机构：

[1] Univ Western Australia, Fac Agr, Perth, WA 6907, Australia

[2] ICARDA, Pasture Forage & Livestock Program, Aleppo, Syria

来源：

AUSTRALIAN JOURNAL OF AGRICULTURAL AND RESOURCE ECONOMICS | 1998年 / 42卷 / 03期

关键词：

D O I：

10.1111/1467-8489.00048

中图分类号：

F3 [农业经济];

学科分类号：

0202 ; 020205 ; 1203 ;

摘要：

This article reports on a study of the impact of risk on farm management practices in northern Syria, focusing particularly on how these are affected by risk aversion and farm size. The study is based on production data from an eight-year field trial and on prices from market surveys. A large linear programming model is built, representing the eight years as observations from a discrete probability distribution. Risk aversion is modelled by inclusion of a utility function with constant relative risk aversion, represented using the DEMP/UEP approach.

引用

页码：227 / 247

页数：21

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