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Smallholder dairy farms are the major providers of marketed milk in Kenya, producing one to ten liters per day. Due to this low production level, farmers are usually associated in cooperatives. Dairy cooperatives are responsible for collecting the raw milk from the members to supply bigger...
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Trust is an important driver of economic transactions, but how do people decide whom to trust? We conduct an experiment to investigate whether people are able to predict trustworthiness by judging the face of a stranger. The behavior of the second player in the Trust Game is used as a measure of...
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Why do groups of even well-educated individuals sometimes persistently believe in political myths and ideologies? We follow cognition psychology in its finding that individuals sometimes stick with intuitive but false propositions. We also follow Kahneman, however, in maintaining that they...
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