Farmer discount rates: Experimental evidence

American Journal of Agricultural Economics

Volumn 94, Issue 2, 2012, Pages 451-456

  Duquette, Eric ^a   Higgins, Nathaniel ^a   Horowitz, John ^a  

^a ECONOMIC RESEARCH SERVICE   (United States)

Author keywords

[No Author keywords available]

Indexed keywords

EID: 84877357397     PISSN: 00029092     EISSN: 14678276     Source Type: Journal    
DOI: 10.1093/ajae/aar067     Document Type: Conference Paper

References (21)

1. Abdulkadri, A. O., and M. R. Langemeier. 2000. "Using Farm Consumption Data to Estimate the Intertemporal Elasticity of Substitution and Relative Risk Aversion Coefficients."Agricultural Finance Review 60(1): 61-70.
2. Andersen, S., G.W. Harrison, M. I. Lau, and E. E. Rutström. 2006."Elicitation Using Multiple Price List Formats." Experimental Economics 9(4): 383-405.
3. Andersen, S., G.W. Harrison, M. I. Lau, and E. E. Rutström 2007. "Valuation Using Multiple Price List Formats." Applied Economics 39(6): 675-682.
4. Andersen, S., G.W. Harrison, M. I. Lau, and E. E. Rutström 2008. "Eliciting Risk and Time Preferences." Econometrica 76(3): 583-618.
5. Barry, P. J., J. R. Lindon, andG.V. Nartea. 1996. "Changing Time Attitudes in Intertemporal Analysis."American Journal of Agricultural Economics 78(4): 972-981.
6. Coller, M., and M. Williams. 1999. "Eliciting Individual Discount Rates." Experimental Economics 2(2): 107-127.
7. Duflo, E., M. Kremer, and J. Robinson. 2011. "Nudging Farmers to Use Fertilizer: Theory and Experimental Evidence from Kenya."American Economic Review, 101(6): 2350-2390.
8. Frederick, S., G. Loewenstein, and T. O'Donoghue. 2002. "Time Discounting and Time Preference: A Critical Review." Journal of Economic Literature 40(2): 351-401.
9. Harrison, G. W., M. I. Lau, and M. B. Williams. 2002. "Estimating Individual Discount Rates in Denmark: A Field Experiment."American Economic Review 92(5): 1606-1617.
10. Harrison, G. W., and J. A. List. 2004. "Field Experiments." Journal of Economic Literature 42(4): 1009-1055.
11. Harrison, G. W., J. A. List, and C. Towe. 2007. "Naturally Occurring Preferences and Exogenous Laboratory Experiments: A Case Study of Risk Aversion." Econometrica 75(2): 433-458.
12. Hausman, J. A. 1979. "Individual Discount Rates and the Purchase and Utilization of Energy-Using Durables." Bell Journal of Economics 10(1): 33-54.
13. Holcomb, J. H., and P. S. Nelson. 1992."Another Experimental Look at Individual Time Preference." Rationality and Society 4(2): 199-220.
14. Holt, C. A., and S. K. Laury. 2002. "Risk Aversion and Incentive Effects."American Economic Review 92(5): 1644-1655.
15. Horowitz, J. K. 1991. "Discounting Money Payoffs: An Experimental Analysis." In Handbook of Behavioral Economics, ed. S. Kaish and B. Gilad, vol. 2B, pp. 309-324. Greenwich, CT: JAI Press.
16. Jaffe, A. B., and R. N. Stavins. 1994. "The Energy Paradox and the Diffusion of Conservation Technology." Resource and Energy Economics 16(2): 91-122.
17. Lence, S. H. 2000. "Using Consumption and Asset Return Data to Estimate Farmers'Time Preferences and Risk Attitudes." American Journal of Agricultural Economics 82(4): 934-947.
18. Meier, S., and C. Sprenger. 2010. "Present- Biased Preferences and Credit Card Borrowing." American Economic Journal: Applied Economics 2(1): 193-210.
19. Pender, J. L. 1996. "Discount Rates and Credit Markets: Theory and Evidence from Rural India."Journal of Development Economics 50(2): 257-296.
20. Tanaka, T., C. F. Camerer, and Q. Nguyen. 2010. "Risk and Time Preferences: Linking Experimental and Household Survey Data from Vietnam."American Economic Review 100(1): 557-571.
21. Warner, J. T., and S. Pleeter. 2001. "The Personal Discount Rate: Evidence from Military Downsizing Programs."American Economic Review 91(1): 33-53.