For production risk with identified physical causes, the nature of risk, production characteristics, risk preference, and prices determine optimal input use. Here, a two-way classification for pairs of inputs – each input as being risk increasing or decreasing and pairs as being risk...

In this study, we evaluate the preference of consumers in Niger for different "tuwo" or "couscous" characteristics using a random utility-based choice experiment, ordered probit analysis, and tree-based partitioning. Data were collected through a structured survey administered at four sites....

A general equilibrium approach is used to evaluate the welfare impacts of alternative policies for reducing agricultural pollution in an open economy with preexisting distortions caused by income taxes and agricultural subsidies. The policies examined here include the removal of distortionary...

In spite of widespread adoption there is mixed evidence as to whether or not adopting Genetically Modified (GM) crops increase farm welfare. One possible reason for widespread adoption is labor savings. Using a treatment effect model we estimate the labor savings associated with adopting a GM crop.

Efforts to distribute land titles to low-income rural Afro-Brazilian communities, known as quilombos, have been disappointing despite the provision of ample government resources. Until now, research on the implications of Brazil s land reform policies has not considered quilombo communities in...

A constant relative risk aversion (CRRA) location-scale function is derived, analysed, and demonstrated for modelling choice under uncertainty. The function contributes to further exploration of the location-scale condition in agricultural economics risk research. Such analysis has been...