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We study how aversion to risk and ambiguity affects the adoption of new technologies by Ghanaian smallholder … aquafarmers. We conduct a set of field experiments designed to elicit farmers' risk and ambiguity preferences and combine it with … surveybased information on their technology adoption decisions. We find that aquafarmers who are more risk-averse were quicker to …
Persistent link: https://www.econbiz.de/10011948304
Abstract: Informal risk-sharing is often cited as a key factor for sustainable poverty alleviation in developing …, and such effects mainly alleviate their risk-induced vulnerability. Confucian culture makes the enforcement mechanisms for … informal risk-sharing more reliable, thus alleviating the vulnerability to poverty. Even in areas with developed financial …
Persistent link: https://www.econbiz.de/10014238075
production risk and may therefore reduce farmer demand for on-farm varietal diversity, especially when only a few transgenic …
Persistent link: https://www.econbiz.de/10014147914
parameters suggest that in a situation where all producers are subjected to a common source of risk (e.g. rainfall): i) the …
Persistent link: https://www.econbiz.de/10005790005
-surplus regions suggest that in situations where all producers are subjected to a common source of risk (e.g. rainfall): I …
Persistent link: https://www.econbiz.de/10005616632
of family farms and socialist-style farms in the presence of risk, given the typical post-socialist environment …
Persistent link: https://www.econbiz.de/10005555994
Persistent link: https://www.econbiz.de/10013050012
Tail risk refers to the possibility that a rare event would adversely affect the value of a portfolio in a significant … manner. It became much more relevant due to recent periods of strong market turbulence.We describe how to quantify such risk …, which tail risk protection strategies were considered in the literature, their effectiveness and associated costs. We also …
Persistent link: https://www.econbiz.de/10013044093
-varying forecast uncertainty and risk for the real price of oil over the period 1974-2018. We show that the combination approach … analysis of profit-loss and hedging against price risk …
Persistent link: https://www.econbiz.de/10013305837
Surrounding the passage of Dodd-Frank, a noted author argues that existing market manipulation statutes cannot effectively prosecute manipulation cases because the statutes prohibit fraud, not market power. This is incorrect. While traditional economic theory can explain the incentives...
Persistent link: https://www.econbiz.de/10013132055