Agriculture is still the most important sector in driving economic growth and poverty reduction in developing countries. In recent times, global agricultural food systems around the world are undergoing a rapid transformation with modern retailers, private standards, and vertically integrated...

The discount rate is of great importance for all decisions in an intertemporal context, such as the decision of how much a society invests in environmental preservation, or the financial decisionmaking on the individual level. This study experimentally investigates the time preferences of...