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Author |
van Winsen, F.; de Mey, Y.; Lauwers, L.; Van Passel, S.; Vancauteren, M.; Wauters, E. |
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Title |
Determinants of risk behaviour : effects of perceived risks and risk attitude on farmer's adoption of risk management strategies |
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A1 Journal article |
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Year  |
2016 |
Publication |
Journal Of Risk Research |
Abbreviated Journal |
J Risk Res |
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Volume |
19 |
Issue |
1 |
Pages |
56-78 |
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Keywords |
A1 Journal article; Sociology; Engineering Management (ENM) |
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Abstract |
The importance of risk perception and risk attitude for understanding individual's risk behaviour are independently well described in literature, but rarely combined in an integrated approach. In this study, we propose a model assuming the choice to implement certain risk management strategies to be directly driven by both perceptions of risks and risk attitude. Other determinants influence the intention to apply different risk strategies mainly indirectly, mediated by risk perception and risk attitude. This conceptual model is empirically tested, using structural equation modelling, for understanding the intention of farmers to implement different common risk management strategies at their farms. Data are gathered in a survey completed by 500 farmers from the Flanders region in Belgium, investigating attitudes towards farming, perceived past exposure to risk, socio-demographic characteristics, farm size, perceptions of the major sources of farm business risk, risk attitudes and the intention to apply common risk management strategies. Our major findings are: (i) perception of major farm business risks have no significant impact on the intention of applying any of the risk strategies under study, (ii) risk attitude does have a significant impact. Therefore, rather than objective risk faced and the subjective interpretation thereof, it is the general risk attitude that influence intended risk strategies to be implemented. A distinction can be made between farmers willing to take risk, who are more inclined to apply ex-ante risk management strategies and risk averse farmers who are less inclined to implement ex-ante risk management strategies but rather cope with the consequences and diminish their effects ex-post when risks have occurred. |
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Wos |
000365523100004 |
Publication Date |
2014-07-24 |
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ISSN |
1366-9877 |
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Additional Links |
UA library record; WoS full record; WoS citing articles |
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Impact Factor |
1.34 |
Times cited |
25 |
Open Access |
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Notes |
; This work was supported by the agency for Innovation by Science and Technology [grant number 080508]. ; |
Approved |
Most recent IF: 1.34 |
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Call Number |
UA @ admin @ c:irua:130188 |
Serial |
6177 |
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Author |
Mahmoudi, H.; Renn, O.; Hoffmann, V.; Van Passel, S.; Azadi, H. |
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Title |
Social risk screening using a socio-political ambiguity approach : the case of organic agriculture in Iran |
Type |
A1 Journal article |
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Year |
2015 |
Publication |
Journal Of Risk Research |
Abbreviated Journal |
J Risk Res |
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Volume |
18 |
Issue |
6 |
Pages |
747-770 |
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Keywords |
A1 Journal article; Sociology; Engineering Management (ENM) |
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Abstract |
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Wos |
000356236300009 |
Publication Date |
2014-05-08 |
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ISSN |
1366-9877 |
ISBN |
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Additional Links |
UA library record; WoS full record; WoS citing articles |
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Impact Factor |
1.34 |
Times cited |
1 |
Open Access |
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Notes |
; H.M. thanks the Ministry of Science, Research, and Technology of Iran (MSRT) for a PhD fellowship. The authors wish to thank Dr. Stefan Burkart for his kind help to improve the English of the paper. ; |
Approved |
Most recent IF: 1.34; 2015 IF: 0.935 |
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Call Number |
UA @ admin @ c:irua:127534 |
Serial |
6249 |
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