Not all risks are equal

CE Milne; J Liu; A Butler

doi:10.5836/ijam/2018-07-59

Not all risks are equal

CE Milne, J Liu, A Butler

Dairy Research Centre

Research output: Contribution to journal › Article › peer-review

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Abstract

Analysis of a survey of Scottish farmers (162) confirmed that they do not perceive all types of risk to be equal. Choices with potential negative ethical or health & safety consequences were perceived to be riskier than those that might have negative financial and social outcomes. A negative relationship was found between perceived riskiness and stated likelihood of taking a risky course of action with one exception - where a health & safety harm might arise. The findings could assist the development of behavioural models with greater predictive powers. In addition, the study suggests that risk awareness is not the most limiting factor for improving health & safety in the Scottish farming industry.

Original language	English
Pages (from-to)	1-9
Journal	International Journal of Agricultural Management
Volume	7
Issue number	1
Early online date	1 Jun 2018
DOIs	https://doi.org/10.5836/ijam/2018-07-59
Publication status	First published - 1 Jun 2018

Bibliographical note

1031419

Keywords

Choice
Decision
Ordinal mixed-effects model
Risk perceptions
Risk preferences

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10.5836/ijam/2018-07-59

14834.pdfAccepted author manuscript, 750 KBLicence: CC BY-NC-ND

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Not all risks are equal

Abstract

Bibliographical note

Keywords

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