- 8- and the collection of articles in the 1964 Indian Journal of Agricultural Economics. / The present article will attempt to review the available literature and to explore the conceptual and analytical issues involved in the relationship between subsistence levels of production, plus the usually associated subsistence levels of living, and the influence of risk and uncertainty factors upon the adoption of new technology. In brief, the article is an attempt to provide a more rigorous framework for analysing the frequent statement about farmers in developing areas that "they are so close to minimal human survival that they resist innovation and change." No attempt will be made to develop another new 2/ model of peasant economic behavior / or to present still another "Game 3/ Theoretic" framework of 'man against Nature.' 3 Rather the object of the exercise is to explore more fully the inherent meaning, elements, and dimensions of "subsistence" and survival as viewed by peasant farmers. Even though the remainder of the article will concentrate upon economic factors, it should be emphasized at the outset that economic factors are neither predominant nor exclusive in the adoption or nonadoption of new tech- nologies -- new seeds, new practices, new crop combinations, new inputs. Among farmers in the developing world.economic factors are important in the process of the diffusion of new innovations, but non-economic factors are often equally SIn preparing this paper, I regret that I have been as yet unable to obtain two theses which have come to my attention by Sipra Das Gupta and Judith Heyer dealing with certain aspects on risk in the context of Indian and East African agriculture respectively. 2/ SThe models to which I am most partial are Nakajima's [1969] and Krishna's [1969] since both try to take account of subsistence levels of living and minimal standards. 3/ /- The game theoretic framework has been frequently used for decision-making under conditions of uncertainty. For an excellent summary see Krishna and Desai (1964].