AN EMPIRICAL ANALYSIS OF THE INTERTEMPORAL STABILITY OF RISK PREFERENCE

The interval measurement approach was used to obtain risk preference measures for 23 Michigan farmers in 1979 and again in 1981. This paper analyzes how risk preferences of the individuals in this group of decision-makers changed over a two year time period. Risk preferences were most stable near typically experienced personal income levels.


Issue Date:
1984-07
Publication Type:
Journal Article
PURL Identifier:
http://purl.umn.edu/29597
Published in:
Southern Journal of Agricultural Economics, Volume 16, Number 1
Page range:
159-165
Total Pages:
7




 Record created 2017-04-01, last modified 2017-04-04

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