Abstract
Agricultural production is not stable; it is risky and uncertain. Instability is one factor that inhibits farmers’ adoption of new agricultural techniques. Yet, unlike other factors that affect the adoption process, it is not as easily understood by agricultural researchers, extension workers and policy makers who are trying to encourage the adoption of new techniques to improve agricultural productivity. This paper aims to (i) clarify the concept of risk and uncertainty, (ii) illustrate how it affects farmers’ decisions, and (iii) show the implications it has for developing new techniques and recommendations for farmers.
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Nygaard, D., Basheer, AM.M. (1982). How Yield Stability Can Influence Farmers’ Decisions to Adopt New Technologies: The Case of Faba Bean Production in Egypt. In: Hawtin, G., Webb, C. (eds) Faba Bean Improvement. World Crops: Production, Utilization, and Description, vol 6. Springer, Dordrecht. https://doi.org/10.1007/978-94-009-7499-9_31
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DOI: https://doi.org/10.1007/978-94-009-7499-9_31
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