Joint proceedings of the 2nd and the 3rd International Conference on Food Security Innovation (ICFSI 2018-2019)

Risk Preference of Palm Sugar Craftsman in Lebak Regency, Banten

Authors
Andjar Astuti, Ratna Mega Sari, Suherman, Asih Mulyaningsih, Setiawan Sariyoga
Corresponding Author
Andjar Astuti
Available Online 4 March 2021.
DOI
10.2991/absr.k.210304.044How to use a DOI?
Keywords
palm sugar, business risk, risk preference, lebak regency
Abstract

The growth of palm sugar production in Lebak Regency as the center of palm sugar in Banten Province continues to show a positive trend so that it is an important source of income for many households in Lebak Regency. The purpose of this study is to analyze the risk of palm sugar craftsman business which includes production risk and income risk. The research data used are primary and secondary data which are processed descriptively and quantitatively. Quantitative data is processed using variance analysis, deviation standard and coefficient of variation. The results showed the risk of production of the palm sugar business in Lebak Regency had a high coefficient of variation reaching 0.26086 or 26.09 percent, meaning that every single rupiah produced the risks faced were 0.26086 or 26.09%. the risk received by the brown sugar craftsmen in Lebak Regency is 0.4371 or reaches 43.71% of the income earned by farmers with a deviation standard of 62916.26. craftsmen need to be careful in running a brown sugar business so that the combination of the use of inputs can achieve maximum output and brown sugar businesses achieve efficiency because thus both production risk and revenue risk can be reduced so that the brown sugar business can produce high production and high income. Result of the research also showed that palm sugar craftsman tends to be risk averse.

Copyright
© 2021, the Authors. Published by Atlantis Press.
Open Access
This is an open access article distributed under the CC BY-NC license (http://creativecommons.org/licenses/by-nc/4.0/).

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Volume Title
Joint proceedings of the 2nd and the 3rd International Conference on Food Security Innovation (ICFSI 2018-2019)
Series
Advances in Biological Sciences Research
Publication Date
4 March 2021
ISBN
978-94-6239-346-2
ISSN
2468-5747
DOI
10.2991/absr.k.210304.044How to use a DOI?
Copyright
© 2021, the Authors. Published by Atlantis Press.
Open Access
This is an open access article distributed under the CC BY-NC license (http://creativecommons.org/licenses/by-nc/4.0/).

Cite this article

TY  - CONF
AU  - Andjar Astuti
AU  - Ratna Mega Sari
AU  - Suherman
AU  - Asih Mulyaningsih
AU  - Setiawan Sariyoga
PY  - 2021
DA  - 2021/03/04
TI  - Risk Preference of Palm Sugar Craftsman in Lebak Regency, Banten
BT  - Joint proceedings of the 2nd and the 3rd International Conference on Food Security Innovation (ICFSI 2018-2019)
PB  - Atlantis Press
SP  - 239
EP  - 242
SN  - 2468-5747
UR  - https://doi.org/10.2991/absr.k.210304.044
DO  - 10.2991/absr.k.210304.044
ID  - Astuti2021
ER  -