The rapid expansion of the oil palm area in many tropical countries has raised concerns about its negative impact on local communities, food security, and on the environment. While the expansion of oil palm in early stages was mainly driven by large private and public companies, it is expected...

Financial institutions still neglect to address agricultural clients. The main reasons for that are their perception that farmers bear higher risks than non-farmers and that their loan products are inadequate to accommodate the needs of agricultural entrepreneurs. As a result, many farmers still...

In this study, we experimentally analyze the investment behavior of smallholder farmers in Uganda. We consider a problem of optimal stopping, stylizing an option to invest in a project. We ascertain whether, and to what extent, the real options approach and the classical investment theory can...

Most researchers who analyze producers’ preferences under uncertainty report that producers are averse towards risk and ambiguity scenarios. This aversion has an influence on producers’ decision-making processes; hence the relevance of determining and analyzing these preferences as a key...

Die Dynamik im Handel ist untrennbar von dem Einfluss der Politik, der Preise und der Rolle der Händler selbst. Obwohl sich die Handelspolitik exportierenden und importierenden Länder unterscheiden kann, im Allgemeinen wird der inländische Handelssektor unterstützt, was problematisch für...

Abstract: This study examines whether the decision of crop diversification for perennial crops is based on underlying risk attitudes and time preferences. We conducted incentivised field experiments on Sumatra Island, Indonesia, involving farmers who cultivate rubber and farmers who cultivated...

Deforestation is one of many factors that hinder smallholder farmers' participation in sustainable palm oil (SPO) certification. Thus, policies that enhance the appetite for rainforest preservation might be helpful to increase the participation rate in certification schemes. Our study aims to...