Article ID | Journal | Published Year | Pages | File Type |
---|---|---|---|---|
4491419 | Agricultural Systems | 2012 | 8 Pages |
Abstract
⺠Risk preferences influences farmers' fertilizer decisions. ⺠Smaller levels of nitrogen taxes are required for risk averse farmers. ⺠Increases in price or yield variability reduce optimal levels of fertilizer application. ⺠Assuming profit maximization may overestimate abatement costs. ⺠Policy should take risk-averse behavior into account.
Related Topics
Life Sciences
Agricultural and Biological Sciences
Agricultural and Biological Sciences (General)
Authors
Robert Finger,