We develop a theoretical model in which farmers' adoption decisions are based on their degree of risk aversion and on the information about the quality of a new technology received from other farmers. To test the predictions of this model, we run a field experiment in Bangladesh. We show that...

This paper reports on the current state of a project to develop a system dynamics (SD) model for urban housing markets in China, aimed at facilitating policy analysis and supporting practical educational tools that might reach large numbers of potential entrepreneurs in China. Although numerous...

This paper reports on the current state of a project to develop a system dynamics (SD) model for urban housing markets in China, aimed at facilitating policy analysis and supporting practical educational tools that might reach large numbers of potential entrepreneurs in China. Although numerous...