Rural Chinese smallholders with an option to make delayed premium payments have higher levels of insurance uptake and investment in production than those without the option.
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conference paper
Risk preference and adoption of risk management strategies: Evidence from high-value crop production in emerging economy
Risk and risk preferences are considered as important drivers on farm management, crop choice, and land use decisions. A farmer’s choice of risk management strategies is of vital importance for the viability and continuation of the farm business.