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Abstract
This article adds to the information base concerning the applicability of mean-
Gini stochastic efficiency analysis in agriculture. The mean-Gini efficient set of
decisions is characterized rigorously in terms of its corresponding absolute risk
aversion. In an empirical analysis, the mean-Gini efficient set of decisions is
derived for four studies from the literature and compared to the second degree
stochastic dominance efficient set. An alternative quantitative measure of risk
aversion is used to gain insight in a visceral sense to the risk preferences associated
with mean-Gini efficient decisions.