On Testing the Structure of Risk Preferences in Agricultural Supply Analysis
提出一种计量检验方法，用于区分常数绝对、常数相对和部分相对风险厌恶这三种偏好结构，并以爱达荷州土豆供给数据为例，发现数据支持常数相对风险厌恶。
Abstract Risk preferences broadly affect many economic decisions when markets are incomplete. Common representations of risk preferences are constant absolute, relative, and partial relative risk aversion. Each of these preference classes has distinct impacts on choice. An econometric test for distinguishing the class of preferences is proposed and implemented for potato supply response in Idaho. The data reject constant absolute and partial relative risk aversion and are congruent with constant relative risk aversion.