Farmer perceptions of agricultural risks: Which risk attributes matter most for men and women
Analysis of farmer risk perceptions is usually limited to production risks, with risk perception as a function of likelihood and severity. Such an approach is limited in the context of the many risks and other important risk attributes. Our analysis of the risk perceptions of farmers extends beyond production risks, severity of the risks, and their likelihoods. We first characterize agricultural risks and identify their main sources and consequences. We then analyze risk perceptions as a hierarchical construct using partial least squares path modelling.