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