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Keywords: risk preference
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Journal Articles
Journal:
Journal of Forest Economics
Journal of Forest Economics (2022) 37 (3): 259–293.
Published: 25 July 2022
.... However, forest owners’ timber harvesting decisionsdepend very much on individual attitudes toward risks and benefits (i.e., risk preferences), but this topic has received very little research attention. In this paper, we applied prospect theory and lottery experiments to measure individuals’ risk...
Journal Articles
Journal:
Journal of Forest Economics
Journal of Forest Economics (2021) 36 (1-2): 141–160.
Published: 10 February 2021
... structure of forest management activities has been changing and women have started to play determinant roles in households. Thus, it is of interest to explore gender differences in the forest management decisions of rural households and to further analyze the role of risk preference in decision-making...
