Artikel

Are Risk Attitudes and Time Preferences Crucial Factors for Crop Diversification by Smallholder Farmers?

This study examines whether the decision of crop diversification for perennial crops is based on risk attitudes and time preferences. We conducted incentivised field experiments with farmers only cultivating rubber and those cultivating rubber and oil palm. We utilised Holt and Laury task and Coller and William task. We found that farmers who cultivate two crops are more risk-averse, indicating that they see crop diversification as a safer option for their farms. However, the discount rates of the two groups are not significantly different. These results provide relevant information for policymakers who intend to either encourage or discourage oil palm cultivation. © 2020 The Authors. Journal of International Development published by John Wiley & Sons Ltd

Language
Englisch

Bibliographic citation
Journal: Journal of International Development ; ISSN: 1099-1328 ; Volume: 32 ; Year: 2020 ; Issue: 6 ; Pages: 922-942 ; Hoboken, NJ: Wiley

Classification
Sozialwissenschaften, Soziologie, Anthropologie
Subject
crop diversification
oil palms
perennial crops
risk attitudes
rubber
time preference

Event
Geistige Schöpfung
(who)
Sarwosri, Arieska Wening
Mußhoff, Oliver
Event
Veröffentlichung
(who)
Wiley
(where)
Hoboken, NJ
(when)
2020

DOI
doi:10.1002/jid.3483
Handle
Last update
10.03.2024, 11:42 AM CET

Data provider

This object is provided by:
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. If you have any questions about the object, please contact the data provider.

Object type

  • Artikel

Associated

  • Sarwosri, Arieska Wening
  • Mußhoff, Oliver
  • Wiley

Time of origin

  • 2020

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