Read the new paper written by Martina Bozzola and Robert Finger about the farmers’ risk attitude. This article investigates the stability of farmers’ risk attitude over time. The authors find evidence of risk preference changes over time in response to changes in the European Union Common Agricultural Policy and possibly after a drought-induced production shock.
Click here and read the paper!
Bozzola, M., & Finger, R. (2020). Stability of risk attitude, agricultural policies and production shocks: evidence from Italy. European Review of Agricultural Economics.