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Abstract
This paper explores the importance of including risk when modeling subsistence-oriented
agriculture in a developing nation. The specific objective is to measure the degree of risk
aversion for typical farmers in the smallholder traditional agriculture of the Sudan. The
procedure followed is to impute the farmer's risk aversion coefficient through a mathematical
risk programming technique. Imputed farmers' risk aversion coefficients were used to
validate the model specified and identify, for further analysis, a single risk optimal farm
plan for each of the different farm situations studied.