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Measuring risk aversion among asset poor small-scale farmers in the Western Cape, South Africa

Includes bibliographical references (leaves 48-52).

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Bibliographic Details
Main Author: Gwata, Feri
Other Authors: Visser, Martine
Format: Thesis
Language:English
Published: School of Economics 2014
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access_status_str Open Access
author Gwata, Feri
author2 Visser, Martine
author_browse Gwata, Feri
Visser, Martine
author_facet Visser, Martine
Gwata, Feri
author_sort Gwata, Feri
collection Thesis
description Includes bibliographical references (leaves 48-52).
format Thesis
id oai:open.uct.ac.za:11427/10524
institution University of Cape Town (South Africa)
language eng
last_indexed 2026-06-10T12:33:28.738Z
license_str Not specified — see source repository
provenance_str_mv Harvested via OAI-PMH from UCTD — University of Cape Town Open Access Repository
publishDate 2014
publishDateRange 2014
publishDateSort 2014
publisher School of Economics
publisherStr School of Economics
record_format dspace
source_str UCTD — University of Cape Town Open Access Repository
spelling oai:open.uct.ac.za:11427/10524 Measuring risk aversion among asset poor small-scale farmers in the Western Cape, South Africa Gwata, Feri Visser, Martine Economics Includes bibliographical references (leaves 48-52). This paper presents an empirical analysis of the contentious issue regarding risk preferences of small-scale farmers in low-income countries. Resource-poor farmers have often been described as being inherently risk averse given their tendency to under-invest in risky yet profitable crop technologies. In contrast to this dominant view we argue that it is unlikely that these farmers have an inherent disposition towards risk aversion. We hypothesize that the observed under-investment in crop technologies is largely due to the financial constraints which these farmers face. 2014-12-30T06:42:58Z 2014-12-30T06:42:58Z 2010 Master Thesis Masters MSocSc http://hdl.handle.net/11427/10524 eng application/pdf School of Economics Faculty of Commerce University of Cape Town
spellingShingle Economics
Gwata, Feri
Measuring risk aversion among asset poor small-scale farmers in the Western Cape, South Africa
thesis_degree_str Master's
title Measuring risk aversion among asset poor small-scale farmers in the Western Cape, South Africa
title_full Measuring risk aversion among asset poor small-scale farmers in the Western Cape, South Africa
title_fullStr Measuring risk aversion among asset poor small-scale farmers in the Western Cape, South Africa
title_full_unstemmed Measuring risk aversion among asset poor small-scale farmers in the Western Cape, South Africa
title_short Measuring risk aversion among asset poor small-scale farmers in the Western Cape, South Africa
title_sort measuring risk aversion among asset poor small scale farmers in the western cape south africa
topic Economics
url http://hdl.handle.net/11427/10524
work_keys_str_mv AT gwataferi measuringriskaversionamongassetpoorsmallscalefarmersinthewesterncapesouthafrica