Estimation and use of risk aversion coefficient for traditional dryland agriculture in western Sudan
通过数学风险规划技术估算苏丹小农传统农业中典型农户的风险规避系数，并用于验证模型和确定最优风险农场计划。
Abstract This paper explores the importance of including risk when modeling subsistence‐oriented agriculture in a developing nation. The specific objective is to measure the degree of risk aversion for typical farmers in the smallholder traditional agriculture of the Sudan. The procedure followed is to impute the farmer's risk aversion coefficient through a mathematical risk programming technique. Imputed farmers' risk aversion coefficients were used to validate the model specified and identify, for further analysis, a single risk optimal farm plan for each of the different farm situations studied.