We study optimal adaptive grazing management under uncertain rainfall in a discrete-time model. As in each year actual rainfall can be observed during the short rainy season, and grazing management can be adapted accordingly for the growing season, the closed-loop solution of the stochastic...

Rain-index insurance is strongly advocated in many parts of the developing world to help farmers to cope with climatic risk that prevail in (semi-)arid rangelands due to low and highly uncertain rainfall. We present a modeling analysis of how the availability of rain-index insurance affects the...

Schlagworte deutsch: Umweltrisiko, Nachhaltigkeit, Normen, Namibia, Feldexperimente, Weideland. Schlagworte englisch: environmental risk, sustainability, personel, norms, Namibia, field experiments, rangelands

We explore the role of an individual's historical lineage in determining economic status, holding constant his or her current location. This is complementary to the more common approach to studying how history shapes economic outcomes across locations. Motivated by a large literature in social...

This paper examines the determinants and implied economic impacts of climate change adaptation strategies in the context of traditional pastoralism. It is based on a household level survey in southern Ethiopian rangelands. Pastoralists' perception of climate change in the region is found to be...