Applications of risk diversification strategies to conservation problems assume returns do not diminish with greater investment. Not accounting for diminishing returns may cause the allocation of investment to a single or limited target site, which may not reflect the fact that additional...

Diversification is an important component of the development of any economy. The reason for this is the increase in the country's resilience to external stimuli, which makes progress more gradual, constant and predictable. Thus, the study of the possibilities of diversifying the economy is very...

Crop diversification, or growing multiple crops in farmland, has received attention as a risk-reducing strategy for smallholders. This study attempts to show that poor and non-poor farmers adopt different strategies of crop diversification. We first conceptualize farmers’ heterogeneous...