Weather index-based crop insurance offers farmers a way to mitigate production risk without the moral hazard, adverse selection and high administrative cost problems that plague conventional loss-based crop insurance. This is especially important for developing countries that lack government...

Smallholder exotic dairy cattle have been adopted in the dry marginal zones of Kenya from the high potential areas over the last two decades contrary to the opinion of experts. The objective of this study therefore was to evaluate the economic performance of this dairy establishment in the...

A direct elicitation of utility approach is used to measure risk preferences of commercial sugar cane farmers in the Mzimkulu, Sezela and Eston sugarmill areas of KwaZulu-Natal. Arrow- Pratt absolute risk aversion coefficients are elicited, adjusted for both range and scale of the data, to allow...