Experimental economics is used to compare tournaments (T) and fixed performance contracts (F) when agents have heterogeneous costs. Our primary findings were: (1) There is no statistical difference in average pooled effort (effort by high ability and low ability subjects are pooled together to...

Coffee and cocoa are two agricultural commodities produced mainly in developing countries and exported almost entirely to high income industrialized countries. The international market for these products is marked by high price instability. This paper investigates whether monetary policy...

The production of biofuels in many countries is largely driven by the governmentstrategy and incentives that are in place. In South Africa the first round of thedevelopment of such a draft strategy took place in 2005 while the official stance onbiofuels was finalized in December of 2007. During...

The need to provide agricultural information to farmers has led to emergence of numerous ICTbasedMIS projects in developing country. These projects aim at promoting commercialization ofsmallholder agriculture and subsequently their welfare. This study examines the how theenvironment in which...

The volatility of agricultural markets has increased remarkably in recent years. In spite of this, the way in which supply chain actors perceive market volatility has only rarely been analyzed. This paper seeks to close this research gap by presenting empirical findings about how the volatility...

The locus of innovation is not the individual firm anymore but increasingly the network in which the firm is embedded. Hence, in this paper innovation is investigated in the broader context of networks and applied to the traditional food sector. Networking refers to a process of identifying and...

Food risks may be caused by moral hazard, i.e. by opportunisticbehaviour of upstream sellers who exploit the fact that many foodproduct qualities remain uncertain to downstream buyers in thecourse of conventional market transactions (credence qualities).Due to this lack of market transparency...

Increasing demand for policy impact assessment regarding social,economic and environmental aspects asks for combined applicationof different models and tools. The paper discusses concepts andchallenges in linking models, taking CAPRI (Common AgriculturalPolicy Regionalised Impact) model as an...

The complexity of agri-environmental economic issues is such thata model that is fully consistent at all levels of aggregation and alltype of questions to be addressed is not available at the AgriculturalEconomics Research Institute in the Hague LEI. Such a model isprobably also not feasible. At...

The AGMEMOD Partnership seeks to capture the inherent existingheterogeneity of agricultural systems by linking together individualEU Member State models, an aggregated EU model and severalaccession countries into one single model, while still maintaininganalytical consistency. Although this...