This study explores the effectiveness of various methods for measuring risk tolerance, with the aim to better understand the risk-taking attitudes and behaviors of financial decision-makers. Using data collected between October 2020 and March 2021, the research investigates three key areas: (a)...

This paper applies a Bayesian approach to incorporate non-data information in estimating the opportunity cost for farmers in rural Cameroon to engage in biodiversity conservation and carbon sequestration efforts. Findings from our field survey reveal that only a small percentage of farmers are...