Substrate supply, which is often regulated by corresponding contracts, is essential for a sustainable expansion of renewable energies generated in biogas plants. To the authors' knowledge, no quantitative investigations of farmers' preferences with regard to supply contracts for biogas plants...

Little is known about the actual behavior of farmers who are offered forward contracts for renewable resources. The present survey explores farmers' acceptance of sugar beet supply contracts. We find that the farmers' responses are not in line with forecasts that are based on critical prices...

Weather derivatives are impaired with a basis risk that reduces the risk reduction potential and possibly hinders the introduction of these risk management instruments in the agricultural sector. A frequently suggested approach to reduce the basis risk is the use of mixed indices composed of...

In the Sahel region, agroforestry potentially increases crop yields, alongside restoring and retaining soils. Nonetheless, little is known about how diverse agroforestry systems perform across actual agricultural systems of smallholders in the region. We therefore investigate how smallholders'...

The identification of the optimal selling time of stored goods is among the most essential eco-nomic decisions on a farm. Beyond monetary aspects, behavioral factors may influence farmers' selling behavior. In financial economics, the disposition effect is a commonly observed phenomenon. It...

The prevention of asymmetric information plays a major role in successful small business lending. The purpose of this research is to determine if small business applicants report their income information correctly when requesting a loan. Therefore, a randomized controlled trial bogus pipeline...

[Purpose] In recent years, the application of credit scoring in urban microfinance institutions became popular, while rural microfinance institutions, which mainly lend to agricultural clients, are hesitating to adopt credit scoring. The present study aims to explore whether microfinance credit...

A common approach to elicit risk attitude is the multiple price list with a series of binary choices. However, a frequently observed problem when using multiple price lists is that participants switch more than once from the safer to the riskier option, thus exhibiting multiple switching...

Risk management is gaining importance in agriculture. In addition to traditional instruments, new risk management instruments are increasingly being proposed. These proposals include the rent adjustment clauses (RACs), which seem to be an unusual instrument at first sight. In contrast with...