The different effects of risk preferences on the adoption of agricultural technology : evidence from a rural area in Cambodia

Shimamoto, Daichi; Wakano, Ayako; Yamada, Hiroyuki

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論文情報

タイトル	The different effects of risk preferences on the adoption of agricultural technology : evidence from a rural area in Cambodia
著者	Shimamoto, Daichi Shimamoto, Daichi
	Wakano, Ayako Wakano, Ayako
	Yamada, Hiroyuki Yamada, Hiroyuki
キーワード等	technology adoption
	risk preferences
	prospect theory
抄録	This paper investigates how farmers’ risk attitudes affected the adoption of agricultural technology in a rural area in Cambodia. We incorporated prospect theory to farmers’ utility function and examined the effect of the risk attitude of farmers to the adoption of two technologies: adoption of a moisture meter for measuring the moisture content of seeds, a recently introduced post-Harvest technology, and a modern rice variety that was introduced in the 1990s. The results indicated that farmers overweighted a small probability and risk averse farmers adopted a moisture meter to measure the moisture contents of seeds significantly. With respect to the modern rice variety, farmers’ risk attitude did not affect the adoption. Our results and the results of a previous study imply that the type of risk and uncertainty faced by farmers at the time of decision-making of its adoption partly determine the effect of risk attitude on agricultural adoption
公開者	Graduate School of Economics and Osaka School of International Public Policy (OSIPP) Osaka University
掲載誌名	Discussion Papers In Economics And Business
巻	14-07
開始ページ	1
終了ページ	28
刊行年月	2013-02
URL	http://hdl.handle.net/11094/26722
関連情報 (references)	http://www2.econ.osaka-u.ac.jp/library/global/dp/1407.pdf
言語	英語

著者版フラグ	none
NII資源タイプ	テクニカルレポート
ローカル資源タイプ	ディスカッション／ワーキング・ペーパー
dcmi資源タイプ	text
DCTERMS.bibliographicCitation	Discussion Papers In Economics And Business.14-07 P.1-P.28
DC.title	The different effects of risk preferences on the adoption of agricultural technology : evidence from a rural area in Cambodia
DC.creator	Shimamoto, Daichi
	Wakano, Ayako
	Yamada, Hiroyuki
DC.publisher	Graduate School of Economics and Osaka School of International Public Policy (OSIPP) Osaka University
DC.language" scheme="DCTERMS.RFC1766	英語
DCTERMS.issued" scheme="DCTERMS.W3CDTF	2013-02
DC.identifier" scheme="DCTERMS.URI	http://hdl.handle.net/11094/26722
DC.subject	technology adoption
	risk preferences
	prospect theory
DCTERMS.abstract	This paper investigates how farmers’ risk attitudes affected the adoption of agricultural technology in a rural area in Cambodia. We incorporated prospect theory to farmers’ utility function and examined the effect of the risk attitude of farmers to the adoption of two technologies: adoption of a moisture meter for measuring the moisture content of seeds, a recently introduced post-Harvest technology, and a modern rice variety that was introduced in the 1990s. The results indicated that farmers overweighted a small probability and risk averse farmers adopted a moisture meter to measure the moisture contents of seeds significantly. With respect to the modern rice variety, farmers’ risk attitude did not affect the adoption. Our results and the results of a previous study imply that the type of risk and uncertainty faced by farmers at the time of decision-making of its adoption partly determine the effect of risk attitude on agricultural adoption
citation_title	The different effects of risk preferences on the adoption of agricultural technology : evidence from a rural area in Cambodia
citation_author	Shimamoto, Daichi
	Wakano, Ayako
	Yamada, Hiroyuki
citation_publisher	Graduate School of Economics and Osaka School of International Public Policy (OSIPP) Osaka University
citation_language	英語
citation_date	2013-02
citation_journal_title	Discussion Papers In Economics And Business
citation_volume	14-07
citation_firstpage	1
citation_lastpage	28
citation_public_url	http://hdl.handle.net/11094/26722
citation_keywords	technology adoption
	risk preferences
	prospect theory

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