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Most researchers who analyze producers' preferences under uncertainty report that producers are averse towards risk and ambiguity scenarios. This aversion has an influence on producers' decision-making processes; hence the relevance of determining and analyzing these preferences as a key factor...
Persistent link: https://www.econbiz.de/10011567862
Most researchers who analyze producers’ preferences under uncertainty report that producers are averse towards risk and ambiguity scenarios. This aversion has an influence on producers’ decision-making processes; hence the relevance of determining and analyzing these preferences as a key...
Persistent link: https://www.econbiz.de/10012545530
Persistent link: https://www.econbiz.de/10011783071
The probability triangle (also called the Marschak-Machina triangle) allows for compact and intuitive depictions of risk preferences. Here, we develop an analogous tool for choice under uncertainty - the ambiguity triangle - and show that indifference curves in this triangle capture preferences...
Persistent link: https://www.econbiz.de/10011420561
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This study examines the conflicts arising from the requirements of the food retail chains and theirpossible solutions, based on an analysis of the foreign and domestic trade literature and on a domestic assessmentof 2008. Direct supplies from small-scale producers have future prospects only in...
Persistent link: https://www.econbiz.de/10009446011
This study examines the conflicts arising from the requirements of the food retail chains and their possible solutions, based on an analysis of the foreign and domestic trade literature and on a domestic assessment of 2008. Direct supplies from small-scale producers have future prospects only in...
Persistent link: https://www.econbiz.de/10008530530
Smallholder rural producers face many challenges in supplying their products to high-value markets. While these markets usually off er higher prices compared to the traditional market, they also set stricter requirements in terms of quality, volume, delivery, and packaging. For farmers to meet...
Persistent link: https://www.econbiz.de/10010909565
For many small producers in developing countries coffee is a major income source. However, the coffee market is characterized by high price volatility and increased power concentration among buyers in consuming countries. Due to the very low international coffee prices during the recent coffee...
Persistent link: https://www.econbiz.de/10010882894