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July 24, 2026Q OpenOpen Access

Exploring Factors Shaping Estonian Farmers’ Risk Attitudes

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Authors

KNKrista NurkOAO. V. AleksandrovaRVRando Värnik

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Overview

Survey examines risk attitudes in Estonian farmers, suggesting strategies for targeted risk management.

Key Points

  • The research seeks to understand how various factors shape the risk attitudes of Estonian farmers.
  • Online survey conducted in 2024 with n = 541 farmers
  • Risk attitudes measured on an 11-point scale across six items
  • Used confirmatory factor analysis, ordinary least squares regression, and k-means clustering for analysis.
  • Positive association between agricultural area and risk-taking (higher area, greater risk),
  • Age negatively impacts willingness to take risks (older farmers are less willing),
  • Higher education increases risk-taking, especially regarding new crop experimentation.

Cite This Study

Nurk et al. (2026) studied this question.

synapsesocial.com/papers/6a6301a6395161722cd163ddhttps://doi.org/10.1093/qopen/qoag021
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