ESTIMATION OF RISK AVERSION COEFFICIENTS FOR DRYLAND WHEAT AND IRRIGATED CORN ENTERPRISES IN KANSAS

The risk attitudes of dryland wheat and irrigated corn enterprises in Kansas have been examined in this paper using the nonlinear mean-standard deviation approach. Our results showed that dryland wheat enterprises are characterized by increasing absolute and increasing relative risk aversion. The level of wealth is noted to have an impact on risk attitudes.


Issue Date:
1999
Publication Type:
Conference Paper/ Presentation
Record Identifier:
http://ageconsearch.umn.edu/record/21658
PURL Identifier:
http://purl.umn.edu/21658
Total Pages:
14
Series Statement:
Selected Paper




 Record created 2017-04-01, last modified 2018-01-22

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