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Paper Information

Journal:   JOURNAL OF AGRICULTURAL SCIENCES   Summer 2005 , Volume 11 , Number 2; Page(s) 15 To 24.
 
Paper: 

DETERMINING THE DEGREE OF RISK AVERSION IN POULTRY INDUSTRY AND THE FACTORS AFFECTING ON RISK AVERSION; A CASE STUDY OF SABZEVAR IN KHORASAN

 
 
Author(s):  YAZDANI S., FEYZABADI Y.
 
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Abstract: 

The important difference of livestock farms with other sectors is the level of risk and uncertainty existence in this sector. In the first part of investigation, the degree of risk in poultry Industry is empirically estimated using the safety-first rule. The result shows that the majority of poultries are facing with a high degree of risk aversion. The last part of investigation discusses the relation between the degree of risk aversion and economic-social properties of poultries (e.g. age, experiment, literacy, insurance and production period, etc…). Empirical results demonstrate that only literacy and production period has significant effect on degree of risk aversion of poultries. Where as the other factors has not significant effect on degree of risk aversion of producers.

 
Keyword(s): SAFETY-FIRST RULE, INDUSTRY DEGREE OF RISK AVERSION, POULTRY INDUSTRY
 
References: 
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