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We study the effect of alleviating information asymmetry regarding product quality that is widespread in developing-country agricultural markets. Opportunistic buyers may underreport quality levels back to farmers to reduce the price they have to pay. In response, farmers may curb investment,...
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In emerging markets for high-value food products in developing countries, processing companies search for efficient ways to source raw material of consistent quality. One widely embraced approach is contract farming. But relatively little is known about the appropriate design of contracts,...
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The general objective of this dissertation is to understand the relationship between economic growth, government expenditure in public services and infrastructure on different sectors of the population. Through three essays this dissertation pursues the objective by explicitly highlighting the...
Persistent link: https://www.econbiz.de/10012659546
The Central America region is a small market. The region contains around 43 million inhabitants (0.6 percent of total world population) who generate around 0.25 percent of the world's Gross Domestic Product (GDP). While the region has successfully embarked on a regional integration agenda and...
Persistent link: https://www.econbiz.de/10012247836
Over the past two decades the agrifood industry in developing countries has undergone rapid modernization. Economic growth, rising incomes, urbanization and the spread of western lifestyles have led to changes in consumption patterns in Asia and parts of Africa. As a result, the domestic demand...
Persistent link: https://www.econbiz.de/10010231265
We present results from an artefactual field experiment conducted in rural Peru that considers whether observing non-reciprocal behavior influences an individual's decision to reciprocate. Specifically, we consider the behavior of second movers in a trust game, assessing whether their decision...
Persistent link: https://www.econbiz.de/10014184309
We find an effect of irrelevant information on adverse selection in a laboratory signaling game. This effect occurs via two channels: the principal is more (less) likely to adversely reject signals from “good” (“bad”) types. The findings suggest that “perception (or perhaps,...
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