Our graphical statistics reveals that a behavioural mechanism under the precautionarymotive exists in China's farm household preferences.
运用统计图解方法研究，发现中国农户家庭偏好中存在防卫性机制。
2
In incomplete market assumption we come to the conclusion different from the traditional one as the existence of idiosyncratic risk and the trader's precautionarymotive.
On basis of above analysis, I apply the consumption model under uncertainty with the use of Chinese data, to reveal that Chinese urban residents have strong precautionarymotive empirically.