Abstract
We present a systematic review of the extensive body of research on farmer risk preference measurement across Europe. We capture the methodological developments over time and discuss remaining challenges and potential areas for further research. Given the constantly evolving policy environment in Europe, and increasing climate-change related risks and uncertainties, there is large value to be gained from enhancing our understanding of this fundamental aspect of farmers’ decision-making processes and consequent actions.
| Original language | English |
|---|---|
| Pages (from-to) | 3-26 |
| Number of pages | 24 |
| Journal | Journal of Agricultural Economics |
| Volume | 71 |
| Issue number | 1 |
| DOIs | |
| State | Published - 1 Feb 2020 |
UN SDGs
This output contributes to the following UN Sustainable Development Goals (SDGs)
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SDG 13 Climate Action
Keywords
- European agriculture
- risk aversion
- risk measurement
- risk preference
- risk preference elicitation methods
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