This study investigates the case of a Zambian institution providing credit for smallholder agribusiness commercialization and compares this lender’s model with the major microfinance institutions, to identify specific mechanisms employed by the lender and how these have been adapted to suit...

Price volatility has recently increased in the corn and soybean markets. As the price risk environment has changed for producers, risk management strategies need to be reexamined. Which strategies provide downside revenue protection and high mean revenues? The strategies considered are...

This study contributes to the understanding of behavioural responses to climate change induced extreme weatherevents. It suggest a microeconometric method for measuring flooding related risk preferences of affectedindividuals. The method is outlined using the empirical case of agricultural...

Fishers are faced with multiple risks, including unpredictability of future catch rates, prices and costs. While the latter are largely beyond the control of fisheries managers, effective fisheries management should reduce uncertainty about future catches. Different management instruments are...

The wine industry is one of the oldest commercial activities in South Africa. The South Africanwine grape industry annually produces more than a million tonnes of grapes, making the countrythe ninth largest producer in the world. The total area under wine grape production is divided intoeight...

The MODERE, the Ministry of the Environment Irrigation Decision Model, is a simulation tool whichuses mathematical programming methods to reveal the implicit multiattribute objective function lyingbehind the observed cropping decision. The model takes different criteria such as profit...

Cooperative business firms are prevalent in agribusiness, yet no concise generalizedmodel exists to demonstrate how and why cooperative firms differ from, and may beselected over, the more common investor owned business firm. It is shown within ageneric transaction game that cooperatives fill...