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.
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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