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General Comments on Survey Design
Estimation of Farmers Risk Preferences
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activity adopters agricultural alfalfa animals approximation assessed beliefs assumed assumption behavior beliefs with respect capital Chapter chart Chiautla Chiconcuac choice computed costs crop decision decision-makers decision-theoretic model defined denote derived diffusion process economic ejido employed equation estimates evidence expected utility farm income farmers with irrigated fodder fractile fractile assessments given Griliches hectare Hence high assessors hypothesis indicate information transfer initial innovation interviews investment irrigated land iso-elastic labor linear linear transformation logistic Mansfield mean assessments Mean Incomes metric tons Mexican Mexico milk production non-participants observations obtained ooooo ooooo ooooo optimal parameter Participant Farmers pesos prior distribution probability distribution problem program participants program recommendations questionnaire relative returns risk aversion risk preferences sample significant simulation smallholding farmers stochastic dominance Table theoretical tion tons per hectare transformation uncertainty utility function utility of wealth variation Wealth Assessments yields