Household characteristics are commonly used to explain variation in smallholderefficiency levels. The underlying assumption is that differences in intended behaviorare well described by such variables, while there is no a priori reason that this is thecase. Moreover, heterogeneity in farmer...

Mali is a Sub-Saharan African country with 19.1 million people. Almost half of this population lives in poverty, due to the dysfunction of activity sectors (agriculture, energy, education, employment, services, etc.). Natural resource management especially land and water together with...

The small-scale pepper producers in the El Roble settlement Costa Rica face a monopsonistic market. Only one processing firm is buying the fresh pepper bunches. The processor has all bargaining power to decide on the price paid to the farmers and the quality selection criteria. The rejection...

Stochastic dynamic programming is used to investigate optimal holding of primary tropical forest in humid Costa Rica when future nonuse benefits of forest conservation are uncertain and increasing. The quasi-option value of maintaining primary forests is included as a component of investment in...