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The use of risk aversion in plant breeding; Concept and application

Variance analysis is used to measure stability (inter-temporal) and adaptability (over space) components of variance with multilocation-multiyear sorghum yield data from India. Adaptability and stability were highly correlated. Only the stability component is relevant for farmers in their adoption d...

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Bibliographic Details
Published in:Euphytica 1981-01, Vol.30 (2), p.451-458
Main Authors: Barah, B. C., Binswanger, H. P., Rana, B. S., Rao, N. G. P.
Format: Article
Language:English
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Summary:Variance analysis is used to measure stability (inter-temporal) and adaptability (over space) components of variance with multilocation-multiyear sorghum yield data from India. Adaptability and stability were highly correlated. Only the stability component is relevant for farmers in their adoption decision. Measures of farmer's risk aversion are used to rank genotypes according to preferences which take account both of yield and stability. Since yield differences were large and risk aversion moderate, preference based rankings did not differ markedly from yield based rankings.
ISSN:0014-2336
1573-5060
DOI:10.1007/BF00034010