Factors That Influence Farmers Behavior Towards Risk
Muhamad Nurdin Yusuf1*, Agus Yuniawan Isyanto2, Sudradjat3
1, 2, 3Faculty of Agriculture, Universitas Galuh, Indonesia
*E-mail of the corresponding author: muhamadnurdinyusuf[at]gmail.com
Abstract
The research was carried out with the aim to find out the behavior of farmers towards risk and the factors that influence it. The research sample was 100 paddy farmers in flood-prone area paddy fields in Pangandaran District, West Java Province, Indonesia. Farmers behavior towards risk was analyzed using quadratic utility functions, while the factors that influence farmers behavior towards risk were analyzed using logistic regression. The results showed farmers 87 was risk neutral, while 13 farmer risk takers were farmers. Education, familys size and income significantly influence farmers behavior towards risk; while age, experience, land area, production risk, price risk, income risk and group did not significantly influence farmers behavior towards risk.
Keywords: farmers behavior, risk, flood-prone, paddy
Topic: Environmentally Sustainable Agriculture