Introducing socioeconomic characteristics into production analysis under risk
构建了一个理论框架，研究社会经济因素如何影响农民的风险态度和生产决策，并提出一种基于风险厌恶度量的分类方法，用180名以色列农民的数据进行了说明。
Abstract A theoretical framework is developed to study the effects of socioeconomic factors on farmers' risk attitudes and production decisions. No maintained assumptions about the individual's utility are required. A key element in this framework is the categorization of socioeconomic factors by their effect on the farmer's risk attitudes. A simple methodology for this categorization, based on the equivalence between the Arrow–Pratt measure of risk aversion and the probability of winning demanded, is proposed. The latter is illustrated with data collected in a survey of 180 Israeli farmers from 20 villages.