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Data on German farmers risk preference, perception and management strategies.


ABSTRACT: The extent to which people are willing to take on risk, i.e. their risk preferences as well as subjective risk perception plays a major role in explaining their behavior. This is of particular relevance in agricultural production, which is inherently risky. The data presented here was collected amongst a total of 64 German farmers in 2015. It includes results of three different risk preference elicitation methods (multiple price list, business statements in four relevant domains and general self-assessment) as well as risk perception. Additionally, farm business characteristics (e.g. size, farm-level workforce, succession) and personal farmer characteristics (e.g. age, gender, risk literacy) are included.

SUBMITTER: Meraner M 

PROVIDER: S-EPMC5614755 | biostudies-literature | 2017 Dec

REPOSITORIES: biostudies-literature

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Data on German farmers risk preference, perception and management strategies.

Meraner Manuela M   Finger Robert R  

Data in brief 20170914


The extent to which people are willing to take on risk, i.e. their risk preferences as well as subjective risk perception plays a major role in explaining their behavior. This is of particular relevance in agricultural production, which is inherently risky. The data presented here was collected amongst a total of 64 German farmers in 2015. It includes results of three different risk preference elicitation methods (multiple price list, business statements in four relevant domains and general self  ...[more]

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