Risk Attitudes Measured by the Interval Approach: A Case Study of Kansas Farmers
通过问卷和广义随机占优方法，测量了30位堪萨斯州东北部农民的风险厌恶区间，发现年龄与风险厌恶水平无显著差异，多数农民在不同收入范围的风险态度较一致，且能部分自评风险态度。
Abstract Risk attitudes of farmers are of major importance to agricultural economists. This study utilizes a questionnaire designed to determine risk aversion levels. Risk aversion intervals are elicited using generalized stochastic dominance for thirty northeastern Kansas farmers in order to investigate the relationship between age and level of risk aversion, the consistency of risk aversion over five income ranges, and the accuracy of farmers self‐assessments of risk aversion. Results indicate no statistically significant difference between the risk aversion levels of younger and older farmers. The majority of farmers expressed fairly consistent risk attitudes over different income ranges. Finally, farmers show some ability to assess their own risk attitudes.