Abstract:
Attitudes towards risk among
poultry producers in Southwestern Nigeria are derived from a survey
data in a model of safety – first behaviour. The measurements of behaviour
toward risk obtained were explained by a set of socioeconomic and structural
characteristics of the farmers. The results showed that feed is the
most important determinant of egg output in Southwestern Nigeria. The
risk premiums were low, encouraging the use of the feeds under safety-first
behaviour. The regression results support the hypothesis that risk-
bearing capacity of the poultry farmers can be explained by their socio-economic
characteristics. Particularly significant for that purpose were family
size of respondents, capacity of deep litter, cost of veterinary services,
cost of construction of deep litter and cost of purchase of land.
J.O. Ajetomobi and S.O. Binuomote , 2006. Risk Aversion among Poultry Egg Producers in Southwestern
Nigeria. International Journal of Poultry Science, 5: 562-565.