A stated preference approach is used to predict likely responses to market reform in Zimbabwe. A random utility model is estimated using data on consumers' stated preferences for alternative types of maize meal. The model is used to predict demand patterns resulting from market reforms....

Purpose – Investment decisions by agribusiness firms are costly and subject to high volatility and uncertainty. In many cases, the project value is not only determined by its cash-flows stream and financial side effects but also by the presence of substantial future uncertainty such as project...

Many governments, firms, institutions and individuals have become increasingly cognizant of their impact on the environment, most notably with respect to global climate change. Coupled with the possibility of future regulations aimed at curbing greenhouse gas emissions, firms and institutions...