In the face of rising public deficits and shrinking public resources, geographical targeting may be a viable way to allocate resources for poverty alleviation in developing countries. Efficiency can be increased and leakage to the non poor reduced substantially by targeting increasingly smaller...

The paper examines, via simulation analysis the stabilizing effects of buffer stocks under different forms of supply functions, where each specification of the supply function represents a different expectational form about future prices. The analysis is carried out under different assumptions...

Moral hazard, a mostly inevitable byproduct of all insurance programmes, creates special difficulties in crop insurance programmes. In this study of drought compensation programmes in Israel's Northern Negev, moral hazard was reflected mostly by the transition from the least extensive crop...