PARTICIPATION IN SET ASIDE: WHAT DETERMINES THE OPTING IN PRICE?
研究了社区农民是否参与自愿轮作休耕计划的决策，通过无差异价格模型分析影响参与的因素，发现该价格对不确定性和风险态度不敏感，但对政策变量和农场成本结构敏感。
This paper analyses the decision facing Community farmers of whether or not to participate in the voluntary rotational set aside scheme. For each individual producer, an “indifference price” for cereals can be identified at which the expected profit from either opting in or out of the scheme is identical. An expected utility model is used to investigate the influence of various factors on the level of indifference price and hence the uptake of set aside. Empirical analysis, based on FBS farm level data, suggests that this price is relatively insensitive to the uncertainty faced by the farmer and the farmer's attitude to risk. It is, however, sensitive both to the key policy variables and to the farm's cost structure and yield. The results presented help explain the initial high take up of set aside in England.