In this chapter, we use a novel approach to elicit risk and uncertainty preferences using contextualized feld experiments in developing countries. The elicitation of uncertainty preferences relies on the use of elicited subjective probability distributions. The approach presented here is based on implementing incentivized and incentive-compatible mechanisms for eliciting beliefs and preferences. We present results from a pilot study conducted in Zimbabwe with a sample of horticultural producers. Our contextualization relates to price risk mitigation and contract farming.

Eliciting farmers' risk and uncertainty preferences using contextualized field experiments in developing countries: A pilot study / Cerroni, Simone; Bozzola, Martina; Rippo, Ruggiero. - (2023), pp. 85-100. [10.1079/9781800622289.0006]

Eliciting farmers' risk and uncertainty preferences using contextualized field experiments in developing countries: A pilot study

Cerroni, Simone
Primo
;
Rippo, Ruggiero
Ultimo
2023-01-01

Abstract

In this chapter, we use a novel approach to elicit risk and uncertainty preferences using contextualized feld experiments in developing countries. The elicitation of uncertainty preferences relies on the use of elicited subjective probability distributions. The approach presented here is based on implementing incentivized and incentive-compatible mechanisms for eliciting beliefs and preferences. We present results from a pilot study conducted in Zimbabwe with a sample of horticultural producers. Our contextualization relates to price risk mitigation and contract farming.
2023
Managing Risk in Agriculture: A Development Perspective
Boston; Wallingford
CAB International
9781800622265
9781800622272
978-1-80062-228-9
Cerroni, Simone; Bozzola, Martina; Rippo, Ruggiero
Eliciting farmers' risk and uncertainty preferences using contextualized field experiments in developing countries: A pilot study / Cerroni, Simone; Bozzola, Martina; Rippo, Ruggiero. - (2023), pp. 85-100. [10.1079/9781800622289.0006]
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Utilizza questo identificativo per citare o creare un link a questo documento: https://hdl.handle.net/11572/398671
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