Volatility clustering and fat tails are prominently observed in financial markets. Here, we analyze the underlying mechanisms of three agent-based models explaining these stylized facts in terms of market instabilities and compare them on empirical grounds. To this end, we first develop a...

Small-scale irrigation has been identified as a potential adaptation strategy for climate change and boosting food security and livelihoods in dry regions. This study presents the analysis of the potential adoption of small-scale irrigation in two West African countries (Mali and Niger) by using...