Journal of Agriculture and Horticulture Research(JAHR)

University of Dodoma College of Economics and Statistics ( COBE) Department of Economics P.O . Box 2, Tanzania

Publications

• Research Article   
  How Understanding Farmers Risk Preference Can Aid Insurance Providers to Scale Up Crop Insurance: An Experimental Risk Study for Maize Farmers In Tanzania
  Author(s): Godwin Stanslaus Kalokola*, Arbogast Moshi and Joel Johnson Mmasa
  
  Demand for insurance can be driven by high risk aversion or high risk. That means risk-avoidant or risk-averse individuals have a high probability of purchasing crop insurance to protect against income loss caused by averse events such as drought, excessive rainfall, floods, windstorms, uncontrollable pests and diseases, and other production risks that are beyond farmers' control (Act of God). However, there are factors that affect individual risk preference that are important to understand in order to increase demand for crop insurance. A number of studies have been conducted to investigate factors affect individual farmers risk preference with the majority of researchers focusing on the social economic domain such as age, sex, income, farming size, and experience of farming to assess if those factors affect an individual's risk aversion. In filling that void, a risk experime.. Read More»
  

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