The aim of this paper is to describe the role of credit as a source financing agriculture in the Republic of Serbia in the recent period, and to determine the advantages and disadvantages of the use of this financial instrument for financing agricultural production. Agriculture, given its...

In this study, we experimentally analyze the investment behavior of smallholder farmers in Uganda. We consider a problem of optimal stopping, stylizing an option to invest in a project. We ascertain whether, and to what extent, the real options approach and the classical investment theory can...

Due to its specific nature agriculture is exposed to a number of risks, whose emergence could lead to the losses in production as well as volatility in the business. The risks can not be completely eliminated, but they can be managed and their impacts can be minimized. Insurance could have the...