ABSTRACT In the literature, there are limited studies on how socio-psychological factors affect farmers' attitudes towards risks. Therefore, this paper looks into this issue in Ethiopia for better understanding of how socio-psychological issues influence farmers' risk attitudes. The study uses data from a cross-sectional survey and a generalised ordered logistic regression is used to analyse the data. The findings show that farmers perceive natural hazards, input and output price volatility, technological risks, financial shocks and human security as the main sources of risks for agricultural production and livelihoods. Farmers’ risk attitudes were assessed dividing them into three categories from more to less risk averse. Education, relational capital, attitudes, group membership, technical training and household sise were found to be the factors influencing farmers’ risk attitudes. Farmers who can read and write, who have strong social capital and who have received training are less risk averse. Finally, this study confirms the importance of positive attitudes, strong social capital (group membership and relational capital) and satisfactory competence to motivate farmers to take risks related to technological innovations and others in the agricultural production. Therefore, attention should be given to specific initiatives to enhance their awareness, build their adaptive capacity to shocks and hazards, provide timely and up-to-date information, and improve their skills and knowledge. These issues would help to avert the risk aversion of smallholder farmers, who are usually thought to be risk-averse in low-income economies and to stimulate them to adopt sustainable agriculture and technological innovations, which are expected to improve agricultural production and enhance the tolerance of local systems for risks and shocks.

中文翻译：

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社会心理因素对小农风险态度的影响：经验证据和影响

摘要 在文献中，关于社会心理因素如何影响农民对风险的态度的研究有限。因此，本文研究埃塞俄比亚的这个问题，以更好地了解社会心理问题如何影响农民的风险态度。该研究使用来自横断面调查的数据，并使用广义有序逻辑回归来分析数据。调查结果表明，农民将自然灾害、投入和产出价格波动、技术风险、金融冲击和人类安全视为农业生产和生计风险的主要来源。评估农民的风险态度，将他们从风险厌恶程度从高到低分为三类。教育、关系资本、态度、团体成员、技术培训和家庭规模被发现是影响农民风险态度的因素。会读写、社会资本强、接受过培训的农民风险规避程度较低。最后，本研究证实了积极态度、强大的社会资本（群体成员和关系资本）和令人满意的能力对激励农民承担与农业生产中的技术创新和其他相关风险的重要性。因此，应关注具体举措，以提高他们的意识，建设他们对冲击和危害的适应能力，提供及时和最新的信息，并提高他们的技能和知识。这些问题将有助于避免小农的风险规避，