Risk and risk preferences belong to the key determinants of investment-based technology adoption in agriculture. We develop and apply a novel approach in which an inverse second order stochastic dominance approach is integrated into a stochastic dynamic farm-level model to quantify the effect of...

The majority of COVID-19 vaccines currently available are typically administered in two doses, with a prescribed number of weeks separating the two doses. Because of uncertainty in vaccine supply, many vaccination managers have saved doses in inventory to ensure on-time second doses. However,...

Due to recent technical progress, battery energy storages are becoming a viable option in the power sector. Their optimal operational management focuses on load shift and shaving of price spikes. However, this requires optimally responding to electricity demand, intermittent generation, and...