Comparing risk attitudes of organic and non-organic farmers with a Bayesian random coefficient model
研究比较了荷兰有机与非有机农户的风险厌恶程度，使用贝叶斯随机系数模型估计个体绝对风险厌恶系数，发现有机农户风险厌恶显著更低。
Organic farming is usually considered to be more risky than conventional farming, but the risk aversion of organic farmers compared with that of conventional farmers has not been studied. Using a non-structural approach to risk estimation, a Bayesian random coefficient model is used to obtain individual Arrow–Pratt coefficients of absolute risk aversion for a sample of Dutch organic and non-organic arable farmers. The model is estimated using Gibbs sampling. The results indicate that organic farmers are significantly less risk averse than their non-organic colleagues.