Risk aversion and adoption of Conservation Agriculture Practices in Eastern Uganda

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Date
2014
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Abstract

Risk aversion is stipulated as an explanation for non-adoption of yield-improving technologies. This poster presents research conducted in Tororo and Kapchrowa, Uganda to determine farmers’ risk averseness. A hypothetical ordered lottery selection was used in order to measure risk aversion. The research finds that farmers are less willing to take on risk when they have had previous success.

Description
Keywords
Small-scale farming, Subsistence production, Conservation agriculture, Adoption of innovations, Risk aversion, Risk measurement, Hypothetical ordered lottery selection, Farm/Enterprise Scale
Citation
Presented at the 2014 SANREM Annual Meeting, Arlington, VA, 19-21 May