We theoretically examine a farmer’s coverage demand with area and individual insurance plans as either separate or integrated options. The individual and area losses are assumed to be imperfectly and positively correlated. With actuarially fair rates, the farmer will fully insure with the...

Agricultural technology adoption is often a sequential process. Farmers may adopt a new technology in part of their land first and then adjust in later years based on what they learn from the earlier partial adoption. This paper presents a dynamic adoption model with Bayesian learning, in which...

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For European operators of biofuels plants there are not many hedge vehicles available to hedge operational margins. Cross hedges for rapeoil (with the rapeseed futures contract) and RME (with the NYMEX diesel futures contract) could be useful instruments. We use recent developments on threshold...

Four out of every five women in Uganda are employed in agriculture, according to the 2008 Gender and Productivity Survey (GPS) in Uganda (EPRC, 2009); and 42 percent of women in the labour force are unpaid family workers—receiving no income despite contributing the largest proportion of the...

The role of the channel coordinator and the structure of their supply chains are critical to the success of a supply chain that produces a product targeted at a specific market niche. Without the management of the channel coordinator, focussed on delivering a product with specific attributes to...

A changing world of increasing complexity, fluctuating prices, high energy costs and limited data necessitate creative blending of economic theory and available empirical statistics to understand the welfare impacts in a specific market. In this paper, a programming approach is used in tandem...

This paper investigates the effects of network based individual social capital on the access of rural households to services. In the context of development economics, an innovative data collection approach is used to determine network based social capital. The approach originates from the field...