Le scelte di produzione delle famiglie contadine: aspetti istituzionali e comportamentali nella teoria economica

Journal title QA Rivista dell’Associazione Rossi-Doria
Author/s Mariapia Mendola
Publishing Year 2006 Issue 2006/2 Language Italian
Pages 19 P. 75-93 File size 100 KB
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Production Choices of Farm Households: Institutional and Behaviourial Aspects in Economic Theory - This paper reviews the main theoretical and empirical contributions analysing production choices of farm households in the developing countries, where the markets are imperfect and incomplete. Recent developments in the micro-economic literature have highlighted the existence of a trade-off between the income risk and expected returns to investments for households taking production decisions in imperfect and incomplete markets. In particular, farm households tend to invest in low-risk, lowreturn activities; and in some cases, poorly endowed, risk-averse farm households might even be caught in a poverty-trap, as they are unable to accumulate savings and make profitable investments to escape poverty.

Mariapia Mendola, Le scelte di produzione delle famiglie contadine: aspetti istituzionali e comportamentali nella teoria economica in "QA Rivista dell’Associazione Rossi-Doria" 2/2006, pp 75-93, DOI: