Financial institutions still neglect to address agricultural clients. The main reasons for that are their perception that farmers bear higher risks than non-farmers and that their loan products are inadequate to accommodate the needs of agricultural entrepreneurs. As a result, many farmers still...

Wetterindexversicherungen stellen innovative Risikomanagementinstrumente dar und weisen gegenüber herkömmlichen Versicherungen den Vorteil geringer Administrations- und Regulierungskosten auf. Darüber hinaus entstehen keine Moral-Hazard- und Adverse-Selection-Probleme. In der Landwirtschaft...

The papers of the dissertation focus on decision making under uncertainty of farmers in developed and developing countries and apply experimental approaches in order to investigate farmersʾ risk attitude and investment behavior. The first paper experimentally examines the investment and...

Viele Studien zeigen, dass Miscanthus (MSC) im Vergleich zum klassischen Ackerbau ökonomisch vorteilhaft sein kann. Dennoch bauen Landwirte nur vereinzelt MSC an. Es hat daher den Anschein, dass Landwirte der traditionellen Investitionstheorie nicht folgen. Im Unterschied zur traditionellen...

Palm oil production creates negative externalities, e.g., through intensive fertiliser application. If policy wants to limit externalities, an effective, sustainable and efficient measure seems desirable. Embedded in a framed field experiment in Indonesia, we apply a business simulation game to...