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Western Journal of Agricultural Economics >
Volume 09, Number 02, December 1984 >
Please use this identifier to cite or link to this item:
http://purl.umn.edu/32133
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| Title: | CLASSIFICATION OF RISK PREFERENCES WITH ELICITED UTILITY DATA: DOES FUNCTIONAL FORM MATTER? |
| Authors: | Musser, Wesley N. Wetzstein, Michael E. Reece, Susan Y. Musser, Lynn M. Varca, Philip E. Chou, Charlene C.J. |
| Issue Date: | 1984-12 |
| Abstract: | Recently, several problems with elicited utility functions have emerged. This paper concerns a fundamental problem in risk preference classification with elicited data. For the sample in this research, different functional forms resulted in reversals in preference classifications. This paper suggests that preference classifications must be interpreted with caution. |
| URI: | http://purl.umn.edu/32133 |
| Institution/Association: | Western Journal of Agricultural Economics>Volume 09, Number 02, December 1984 |
| Total Pages: | 7 |
| Language: | English |
| From Page: | 322 |
| To Page: | 328 |
| Collections: | Volume 09, Number 02, December 1984
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| 09020322.pdf | 464Kb | PDF | View/Open |
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