20.500.12556/RUL-151871 Farmers' risk preferences in 11 European farming systems a multi-country replication of Bocquého et al. (2014) We replicate Bocquého et al. (2014), who used multiple price lists to investigate the risk preferences of 107 French farmers. We collected new data from 1430 participants in 11 European farming systems. In agreement with the original study, farmers' risk preferences are best described by Cumulative Prospect Theory. Structural model estimates show that farmers in the new samples are, on average, less loss averse and more susceptible to probability distortion than in the original study. Explorative analyses indicate differences between estimation approaches, as well as heterogeneity between and within samples. We discuss challenges in replications of economic experiments with farmers across farming contexts. agriculture artefactual field experiment cumulative prospect theory expected utility theory risk attitudes kmetijstvo načini kmetovanja tveganja modeli true false true Angleški jezik Slovenski jezik Članek v reviji 2023-10-24 10:41:45 2023-10-24 10:41:47 2023-10-26 03:11:50 0000-00-00 00:00:00 2023 0 0 Str. 1374-1399 iss. 3 Vol. 45 2023 0000-00-00 Zaloznikova Objavljeno NiDoloceno 0000-00-00 0000-00-00 0000-00-00 631 2040-5804 10.1002/aepp.13330 127693315 Applied_Eco_Perspectives_Pol_-_2022_-_Rommel_-_Farmers__risk_preferences_in_11_European_farming_systems__A_multi‐country_(2).pdf Applied_Eco_Perspectives_Pol_-_2022_-_Rommel_-_Farmers__risk_preferences_in_11_European_farming_systems__A_multi‐country_(2).pdf 1 DAE1A5C8F380569EC7A564109C439EF3 b6a43938e98387fa46b85091edc2ff70e62ded8271ff4ba6bcc9ed9e16cc71b8 5cc2bc25-7264-11ee-ac03-0050569b8976 https://repozitorij.uni-lj.si/Dokument.php?lang=slv&id=176973 https://onlinelibrary.wiley.com/doi/10.1002/aepp.13330 1 2b2b5a9c-7249-11ee-ac03-0050569b8976 https://repozitorij.uni-lj.si/Dokument.php?lang=slv&id=176966 Biotehniška fakulteta 0 0 0