Classical household theory predicts that adolescents facing a developed labour market should invest in formal education. In contrast, it is obvious that adolescents in subsistence economies should choose learning-by-doing approaches to working on the family farm. However, it is unclear what...

This paper applies a mental model approach to study the role of tenure security in farmers’ decisionmaking on agricultural investment in Uganda. We investigate the role that both perceived tenure security and formal land rights, measured by the possession of land certificates, play. Our focus...

The Arrow-Fisher-Henry (AFH) analysis of land development under uncertainty has been conducted in a two period model. In contemporary times, Capozza and Helsley (1990), Batabyal (1996, 1997, 2000), and others have analyzed the question of land development under uncertainty in a multi-period...

The Arrow-Fisher-Henry (AFH) analysis of land development under uncertainty has been conducted in a 2 period setting. In recent times, Capozza and Helsley (1990), Batabyal (1996, 1997, 2000), and other researchers have studied the issue of land development under uncertainty in a many time...