This study investigates risk and time preferences of small-holder cattle farmers in West Africa. We apply a discounted utility model and jointly estimate a prospect theory-based utility function and a quasi-hyperbolic discounting function using a maximum likelihood method. Results show that West...

International agricultural research often uses quasi-experimental designs when implementing on-farm research and development activities. Therefore, impact assessment methodologies are needed, which are effective in circumventing the resulting selection bias inherent in such research designs....

Ex-post evaluation of agricultural research is aimed to empirically provide evidence of past investments’ effectiveness. This paper is intended to measure the immediate impact of livestock research activities on cattle farmers’ knowledge about trypanosomosis and its therapeutic and...

This study investigates risk and time preferences of small-scale cattle farmers in West Africa and examines how demographic and socio-economic characteristics are related to these preferences. Using a maximum likelihood approach we jointly estimate risk and time preferences. Our findings show...

Replaced with revised version of paper 07/29/09.

This paper examines the impact of climate variability and shocks on non-farm employment in rural areas of Northeast Thailand. The paper utilizes a large panel data set that includes detailed and retrospective information about shock experience and a corresponding twenty-year historical...

This paper investigates the causes for non-response and measurement errors in household panel surveys designed for assessing vulnerability to poverty in Thailand and Vietnam. Using data from surveys conducted in 2007 and 2008 we show that interview environment, timing, interviewer, and some...