This article extends the characteristics-based choice framework of technology adoption to account for decisions taken by boundedly-rational individuals in environments where traits are not fully observed. It is applied to an agricultural setting and introduces the concept of ambiguity in the...

The potential of agricultural biotechnology to produce seed traits that reduce yield risk generates widespread excitement. Hopes are high that in an era of tightening water constraints and climate change drought tolerant (DT) crop varieties will stabilize food production and allow for greater...

In many West African countries, large rural multigenerational households farm common household plots as well as allocate individual plots to different family members. Multiple studies have found that women plot managers achieve lower yields than men. This work uses a unique 17-year panel dataset...

Manufacturing is intensive in the use of reproducible factors and exhibits greater technological dynamism than primary production. As such its growth is central to long-run development in low-income countries. Sub-Saharan African countries are latecomers to industrialization, and barriers to...

We develop a theoretical model of strategic firm behavior in seeking property rights given multiple property regimes. Our model suggests probability of the loss of trade secrets and revelations through patent applications does play a significant role in the choice of property rights by plant firms.

The federated business structure exists in many sectors of the economy, but we know little about its comparative advantage. This paper explores theoretically and empirically the current dynamics of the federated cooperative system. Two hypotheses are tested: growth at the local co-op level has...

This study uses revealed preferences of consumers to study the consumer valuations of rBST-free and organic milk. The study specifies and estimates a quadratic AIDS model for different milk types using US supermarket scanner data. The introduction of rBST-free and organic milk is used to...

This work has developed a theoretically consistent model of a farm household's choice between working on-farm and working off-farm and the effects of that choice on farm investment choices. The theory demonstrates the potential for wages driven by local economic conditions to be more important...