A person's reach of efficient economic activities is strongly influenced by the extent to which she grants trust towards other people. The radius of trust has recently gained interest as a concept to elucidate the underlying principles of how far a person extends her trust. However, empirical...

In this paper, we shed light on the different moral costs of dishonesty and stealing. To accomplish this, we set up a die-rolling task which allowed participants to increase their own payout through dishonesty or theft. The results show that participants have fewer reservations about dishonesty...

The disposition effect is a well-established phenomenon which describes the behavior of investors that are more willing to sell capital gains than capital losses. In this article we present experimental evidence on a situation where an investor decides on behalf of another person. In our...

The papers of the dissertation focus on decision making under uncertainty of farmers in developed and developing countries and apply experimental approaches in order to investigate farmersʾ risk attitude and investment behavior. The first paper experimentally examines the investment and...

Using a unique dataset of a commercial microfinance institution in Madagascar, this paper investigates how the provision of microfinance loans with (in)flexible repayment schedules affects loan delinquencies of agricultural borrowers. Flexible repayment schedules allow a redistribution of...

The global agri-food system is experiencing a far-reaching transformation process. The consequences for small, asset-poor farmers are a topic of special concern in development oriented agricultural research. One main characteristic of the trend is the increasing importance of food safety and...

In the African Sahel region, arable land is being increasingly threatened by the implications of climate change. Agroforestry offers opportunities to adapt to these challenges by enhancing ecological resilience and food production through intensification and/or diversification by integrating...