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Which benefits would make farmers happier, and which would they choose?
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Ocean, Neel and Howley, Peter (2023) Which benefits would make farmers happier, and which would they choose? Land Economics, 99 (2). 112321-0139R. doi:10.3368/le.99.3.112321-0139R ISSN 0023-7639.
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Official URL: https://doi.org/10.3368/le.99.3.112321-0139R
Abstract
We presented six novel farming vignettes to UK farmers that describe trade-offs between pecuniary and non-pecuniary benefits. What farmers would choose corresponds with what they think would make them happier, which supports the use of subjective well-being as a proxy for decision utility in agricultural research. Where a disparity between choice and well-being does exist, farmers seem willing to trade happiness for pecuniary benefits. Our results also suggest that farmers often trade pecuniary gains for non-pecuniary benefits. The utility derived from non-pecuniary benefits may help to explain farmer behaviours such as unsubsidised environmental improvements, and reluctance to adopt efficiency-enhancing technologies
Item Type: | Journal Article | |||||||||||||||
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Subjects: | B Philosophy. Psychology. Religion > BF Psychology H Social Sciences > HD Industries. Land use. Labor H Social Sciences > HN Social history and conditions. Social problems. Social reform S Agriculture > S Agriculture (General) |
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Divisions: | Faculty of Science, Engineering and Medicine > Engineering > WMG (Formerly the Warwick Manufacturing Group) | |||||||||||||||
Library of Congress Subject Headings (LCSH): | Farmers -- Attitudes, Farmers -- Social life and customs, Well-being , Quality of life , Agriculture -- Economic aspects | |||||||||||||||
Journal or Publication Title: | Land Economics | |||||||||||||||
Publisher: | University of Wisconsin Press | |||||||||||||||
ISSN: | 0023-7639 | |||||||||||||||
Official Date: | 1 May 2023 | |||||||||||||||
Dates: |
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Volume: | 99 | |||||||||||||||
Number: | 2 | |||||||||||||||
Article Number: | 112321-0139R | |||||||||||||||
DOI: | 10.3368/le.99.3.112321-0139R | |||||||||||||||
Status: | Peer Reviewed | |||||||||||||||
Publication Status: | Published | |||||||||||||||
Access rights to Published version: | Restricted or Subscription Access | |||||||||||||||
Copyright Holders: | © 2022 by the Board of Regents of the University of Wisconsin System | |||||||||||||||
Date of first compliant deposit: | 27 July 2022 | |||||||||||||||
RIOXX Funder/Project Grant: |
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