The Effects of Risk Preferences on the Adoption of Post-Harvest Technology: Evidence from Rural Cambodia
研究了柬埔寨稻农的风险偏好如何影响他们采用水分计这一收获后技术，发现风险厌恶型农民更可能采用，但损失厌恶和概率权重不影响采用。
Abstract We investigate how rice farmers’ risk preferences affect the adoption of post-harvest technology in Cambodia, focusing on moisture meters. We find that risk-averse farmers are more likely to adopt moisture meters, although the degree of farmers’ loss aversion or the extent to which they tended to overweight small probabilities do not affect the adoption. In the setting of our study, the effects of farmers’ risk preferences on agricultural technology adoption can be described by using expected utility theory. However, controlling for loss aversion and probability weighting improves the precision of examining the effects of farmers’ risk preferences on adoption.