Experimental Measure of Rural Household Risk Preference: The Case of the SLCP Area in Northern Shaanxi, China
Experimental Measure of Rural Household Risk Preference: The Case of the SLCP Area in Northern Shaanxi, China
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DOI：
10.6090/jarq.50.253
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发表时间：
2016-07
影响因子：
0.4
通讯作者：
Qianqian Mao;Wenlue Wang;S. Oniki;M. Kagatsume;Jin Yu
中科院分区：
文献类型：
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作者：
Qianqian Mao;Wenlue Wang;S. Oniki;M. Kagatsume;Jin Yu
本研究采用Holt-Laury机制，通过在陕西省进行的一项实地试验，分析了退耕还林对农户风险偏好的影响。该计划显著改变了农民的生产性财产结构，这可能进一步影响他们的风险态度。本研究发现，家庭地理和人口特征对实验参与者的风险偏好有显着影响。更重要的是，SLCP对农民的风险偏好产生了重大影响。因此，在评估SLCP等可能影响农民未来收入的公共政策的结果时，我们应该详细考虑相关家庭的社会经济特征和目标地区实施的公共政策。学科：农业经济学附加关键词：霍尔特-劳里机制;期望效用理论
This study elicits the risk preferences of rural households through a field experiment conducted in Shaanxi Province using the Holt-Laury mechanism that considers the effects of implementing the Sloping Land Conversion Program (SLCP) on the risk preferences of farmers. The program has significantly changed the structure of farmers’ productive property, which may further influence their risk attitudes. This study reveals that household geographic and demographic characteristics have a significant effect on the risk preferences of participants in the experiment. More importantly, the SLCP has had a significant effect on farmers’ risk preferences. Hence, when assessing the outcome of such public policies as the SLCP that may affect the future incomes of farmers, we should consider the socioeconomic characteristics of the households concerned and the public policies implemented in the targeted area in detail. Discipline: Agricultural Economics Additional key words: Holt-Laury mechanism; expected utility theory