?url_ver=Z39.88-2004&rft_val_fmt=info%3Aofi%2Ffmt%3Akev%3Amtx%3Adc&rft.relation=https%3A%2F%2Fmpra.ub.uni-muenchen.de%2F1241%2F&rft.title=Can+Risk-aversion+towards+fertilizer+explain+part+of+the+non-adoption+puzzle+for+hybrid+maize%3F+Empirical+evidence+from+Malawi&rft.creator=Simtowe%2C+Franklin&rft.subject=Q01+-+Sustainable+Development&rft.description=This+study+investigates+the+linkage+between+attitudes+towards+risk+and+adoption.+We+empirically+examine+the+relative+risk+premium+related+to+fertilizer-use+among+404+farmers+from+Malawi+and+examine+the+relationship+between+risk+aversion+on+fertilizer-use+and+the+adoption+of+hybrid+maize.+Results+show+that+Malawian+farmers+exhibit+absolute+Arrow-Pratt+risk+aversion+towards+the+use+of+fertilizer.+The+findings+also+reveal+that+risk+aversion+towards+the+use+of+fertilizer+is+strongly+associated+with+low+intensity+of+hybrid+maize+adoption+and+that+other+than+the+safety+net+programs%2C+human+and+financial+capital+variables+such+as+age%2C+household+size%2C+land+size+and+off-farm+income+can+be+helpful+in+explaining+the+non-adoption+puzzle.+While+safety+net+programs+such+as+the+free+input+distribution+increase+the+likelihood+of+adoption%2C+they+are+associated+with+low+adoption+intensity+for+hybrid+maize.++A+key+lesson+is+that+when+considering+promoting+a+technology%2C+it+is+important+to+assess+the+profit+distribution+associated+with+the+use+of+complementary+inputs+and+its+implications+for+risk+preference+among+technology+users+in+order+to+avoid+formulating+misguiding+policies.&rft.date=2006-09-20&rft.type=MPRA+Paper&rft.type=NonPeerReviewed&rft.format=application%2Fpdf&rft.language=en&rft.identifier=https%3A%2F%2Fmpra.ub.uni-muenchen.de%2F1241%2F1%2FMPRA_paper_1241.pdf&rft.identifier=++Simtowe%2C+Franklin++(2006)%3A+Can+Risk-aversion+towards+fertilizer+explain+part+of+the+non-adoption+puzzle+for+hybrid+maize%3F+Empirical+evidence+from+Malawi.++++&rft.language=en