Publications
NIBIOs employees contribute to several hundred scientific articles and research reports every year. You can browse or search in our collection which contains references and links to these publications as well as other research and dissemination activities. The collection is continously updated with new and historical material.
2001
Authors
H. Saxe M.G.R. Cannell Øystein Johnsen M.G. Ryan G. VourlitisAbstract
No abstract has been registered
Authors
I. Lofstrom Vegard Gundersen Bernt-Håvard Øyen B.B. JørgensenAbstract
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Authors
Gudbrand Lien J.B. HardakerAbstract
This paper addresses the impacts of degree of risk aversion, subsidy scheme and choice of utility function on optimal farm plans in Norwegian agriculture. Data from a farm business survey (1991-1997) are combined with subjective judgements to formulate a two-stage utility-efficient programming model. Under existing policy and market conditions, the ex ante expectation was that farmers' risk attitudes are unlikely to have a large effect on choice of enterprise mix. The results tend to confirm this view, and a farmer who is hardly risk averse at all would choose the same farm plan as a very risk averse farmer. Factors such as subsidy schemes, market conditions for the products and available labour on the farm are found to be more important determinants of the optimal plans than farmers' risk attitude or the form of the utility function.
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2000
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Authors
Svein Ole BorgenAbstract
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Authors
Gudbrand LienAbstract
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