Please use this identifier to cite or link to this item: http://hdl.handle.net/10419/196609
Authors: 
Wening Sarwosri, Arieska
Mußhoff, Oliver
Year of Publication: 
2019
Series/Report no.: 
EFForTS Discussion Paper Series 28
Abstract: 
This study examines whether the decision of crop diversification for perennial crops is based on underlying risk attitudes and time preferences. We conducted incentivised field experiments on Sumatra Island, Indonesia, involving farmers who cultivate rubber and farmers who cultivated rubber and oil palm trees, i.e., undertook crop diversification. We estimated risk attitudes and time preferences jointly. The results indicated that farmers who undertook crop diversification were statistically significantly more risk-averse than rubber farmers. However, the time preferences between the two groups were not statistically significantly different.
Subjects: 
crop diversification
oil palms
risk attitudes
rubber
time preference
Persistent Identifier of the first edition: 
Creative Commons License: 
https://creativecommons.org/licenses/by-nc-nd/4.0/
Document Type: 
Working Paper
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