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This study examines whether the decision of crop diversification for perennial crops is based on risk attitudes and time preferences. We conducted incentivised field experiments with farmers only cultivating rubber and those cultivating rubber and oil palm. We utilised Holt and Laury task and Coller and William task. We found that farmers who cultivate two crops are more risk‐averse, indicating that...
Rubber growers in South East Asian countries are facing acute crisis due to the price volatility, sharp increase in cost of cultivation, increasing drought and declining soil fertility. With an objective to generate additional income and improve small-holder welfare by integrating diverse crops in rubber ecosystem, three experiments were conducted in Rubber Research Institute of India during 2001–2014...
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